On September 23, HQVT fell 5.76% in regular trading, trading at 32.5 HKD/share, with turnover of HKD 142 million. The decline marks continued high-level oscillation as short-term profit-taking pressure repeatedly surfaces following an explosive rally.
The stock had accumulated gains of nearly 100% over the prior week, fueled by a sequence of catalysts including formal inclusion in Stock Connect on September 7, its self-developed Origin large model being shortlisted by the Shenzhen Municipal Bureau of Industry and Information Technology, and a Sullivan whitepaper highlighting the multispectral AI sector entering a scaled commercialization phase. After pulling back over 5% on September 21, funds staged a nearly 10% rebound on September 22 before renewed selling emerged today, forming a wide-range high-level consolidation pattern.
Fundamentally, HQVT reported H1 revenue of RMB 410 million, up 84.5% year-over-year, with its large model service segment surging 382.5% to RMB 320 million, lifting its revenue share from 29.8% to 78%. Adjusted net profit rose 21.9% to RMB 27.6 million.
(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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