The Zhitong Finance App learned that Huaqin Technology (03296) rose by more than 6%. As of press release, it had risen 5.88% to HK$61.25, with a turnover of HK$26.4913 million.
According to the news, Huaqin Technology announced that on July 17, 2026, Huaqin Communications, a wholly-owned subsidiary of the company, acquired a total of 6.259,800 shares of Jinghe Integrated (02249) H shares (accounting for about 0.28% of the total issued share capital of Jinghe Integrated at the date of this announcement) through an on-market transaction on the Stock Exchange on July 17, 2026, at a total cost of about HK$189 million (excluding transaction costs), which is equivalent to an average price of about HK$30.21 per target share. After the completion of the acquisition and as of the date of this announcement, the Group held approximately 10.48% of the total issued share capital of Crystal Synthesis.