Changes in Hong Kong stocks | Huaqin Technology (03296) rose more than 4% and received the chairman's intention to increase the company's shares and acquire Jinghe Integrated's H shares to deepen the strategic investment layout of the industry

The Zhitong Finance App learned that Huaqin Technology (03296) rose by more than 4%. As of press release, it had risen 3.5% to HK$63.65, with a turnover of HK$10.213,800.

According to the news, Huaqin Technology issued an announcement. Based on confidence in the company's stable future development and recognition of the company's long-term investment value, Mr. Qiu Wensheng, the chairman, general manager and executive director of the company, plans to increase his direct holdings in H shares within six months from July 21, 2026 (including that date), for a total increase of 10 million yuan.

Recently, Huaqin Technology announced that Huaqin Communications, a wholly-owned subsidiary of the company, acquired a total of 3.1159 million shares of Crystal Integrated H shares (accounting for about 0.14% of the total issued share capital of CRC on the date of this announcement) through an on-market transaction conducted on the Stock Exchange on July 20, 2026, at a total cost of about HK$93.22,121 million (not including transaction costs). According to the announcement, the acquisition shows the Group's continued confidence in the future development prospects of Jingxing Integration and recognition of its long-term investment value. Through the acquisition and the Group's commitment to hold long-term integrated interests, the Group plans to deepen the integration and synergy of resources upstream and downstream of the industrial chain and use this opportunity to carry out key strategic investment layouts.