On July 23, NEXCHIP rose 3.24% in regular trading, trading at HK$33.3/share, with turnover of HK$86.81 million.
On the news front, Huaqin Technology's wholly-owned subsidiary Huaqin Telecom has been intensively accumulating NEXCHIP H shares in recent weeks. On July 22, Huaqin spent approximately HK$144 million to acquire 4.45 million shares at an average price of HK$32.39 per share, lifting its stake to approximately 10.82%. Since July 10, the company has conducted multiple rounds of purchases, steadily increasing its position from 10.00% to the current level. Key transactions include 1.63 million shares on July 10, 4.41 million on July 16, 6.26 million on July 17, 3.12 million on July 20, and 6.26 million on July 21. Huaqin Technology stated that the purchases reflect confidence in NEXCHIP's future development prospects and recognition of its long-term investment value.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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