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Huqin Technology (03296.HK) received an increase of 1.0941 million H-shares from Fullgoal Fund Management Co., Ltd., valued at approximately HK$886.955 million.
According to a filing disclosed by the Hong Kong Stock Exchange on June 12, Wells Fargo Fund Management Co., Ltd. acquired an additional 1,094,100 H-shares of Huaqin Technology (03296.HK) on June 9 at an average price of HK$81.0671 per share, amounting to approximately HK$88.7 million. Following this acquisition, Wells Fargo Fund Management Co., Ltd.’s total holding increased to 6,194,400 shares, raising its long position stake from 5.44% to 6.57%. Source: HKEX Equity Ownership Disclosure What is equity ownership disclosure? Under the requirements of the Hong Kong Stock Exchange, substantial shareholders—individuals or companies holding 5% or more of a listed company’s equity
Guotai Haitong Keeps Their Buy Rating on Huaqin Technology Co., Ltd. Class H (3296)
HTI Securities initiated coverage of Huaqin Technology (03296.HK) with an 'Outperform' rating and a target price of HK$104.14.
HTI Securities issued a research report initiating coverage of Huaqin Technology (03296.HK) with an "Outperform" rating and a target price of HK$104.14. The firm noted that driven by AI industry trends, Huaqin’s AI servers, AI PCs, and hyperscale node products all exhibit clear growth momentum, supporting sustained high-speed growth in its computing and data center businesses. Additionally, the rising revenue contribution from higher-margin product categories and declining expense ratios due to economies of scale are driving an improvement in profitability. HTI forecasts Huaqin Technology’s net profit to reach RMB 5.03 billion, RMB 6.34 billion, and RMB 7.92 billion in 2026, 2027, and 2028, respectively (hereinafter in RMB).
WFunds Management Co., Ltd. reduced its stake in Huaqin Technology by approximately 337,300 shares at an average price of about HK$95.22 per share.
According to the latest data from the Hong Kong Stock Exchange, on June 4, Fullgoal Fund Management Co., Ltd. sold 337,335 shares of Huaqin Technologies (03296.HK) at HK$95.2238 per share, for a total transaction value of approximately HK$32.1223 million. Following this sale, its latest shareholding stands at approximately 5,421,800 shares, representing a stake of 5.75%.
Hu勤 Technology (03296.HK) received an off-market purchase of 701,900 H-shares by Morgan Stanley, valued at approximately HK$64.9861 million.
According to a filing disclosed by the Hong Kong Stock Exchange on June 8, Morgan Stanley acquired an additional 701,900 H-shares of Huaqin Technologies (03296.HK) via off-market transactions on June 3 at an average price of HK$92.5825 per share, amounting to approximately HK$64.9861 million. Following this acquisition, Morgan Stanley’s total holding increased to 4,396,200 shares, raising its long position stake from 5.48% to 6.52%. Source: HKEX Equity Disclosure What is equity disclosure? Under the requirements of the Hong Kong Stock Exchange, substantial shareholders (those holding 5% or more
Bank of America Securities Reaffirms Their Buy Rating on Huaqin Technology Co., Ltd. Class H (3296)