On June 16, Huiju Technology rose 5.56% in regular trading, trading at HK$20.3/share with turnover of HK$152 million.
The rally was driven by strengthening momentum across the AI computing industry chain. NVIDIA recently announced that its VeraRubin GPU and CPO switch Spectrum-X have officially entered mass production, with initial customers including CoreWeave and Lambda. Simultaneously, Alphabet raised its financing scale for data center construction, while SoftBank plans to invest EUR 75 billion to build a 5GW data center in France, reinforcing the long-cycle prosperity of the computing infrastructure sector.
The current stock price has approached the company's May placement price of HK$21.00/share, with prior selling pressure from the HK$2.885 billion placement largely absorbed and subscribers' unrealized losses significantly narrowed. Multiple brokerages maintain bullish ratings, citing strong order growth in MPO optical communication and AI server businesses since May, with capacity running near full utilization.
(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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