Changes in Hong Kong stocks | Galaxis Technology (02729) rose more than 10% to welcome both liquidity and attention, and sufficient orders in hand are expected to drive the release of performance

The Zhitong Finance App learned that Galax Technology (02729) rose by more than 10%. As of press release, it had risen 10.65% to HK$39.9, with a turnover of HK$43.87767 million.

According to the news, since September 7, Galax Technology has officially entered the Hong Kong Stock Exchange Securities List. Since then, mainland investors can directly buy Galax Technology shares through the Shanghai-Shenzhen-Hong Kong Stock Connect mechanism, and the southbound capital allocation channel has officially opened.

In the first half of this year, Galax Technology achieved revenue of about RMB 505 million, an increase of 45.1% year on year; gross profit of about RMB 88.21 million, an increase of 42.7% year on year. The company's robotics business is growing rapidly, and order reserves are sufficient. As of the first half of the year, the total amount of robots and systems to be delivered by the company is about 2.2 billion yuan. The company expects to implement them within the next 3 years. Of these, 56 are overseas projects, and the total amount to be delivered is 710 million yuan.