Futu Information reported on April 22 that$HUAQIN (03296.HK)$The grey market closed 17.31% higher at HKD 91.15 per share. With a board lot of 100 shares, excluding handling fees, a single lot yielded a profit of HKD 1,345.
Source of Market Data: Futu Securities
Company Overview
Huaqin Technology is a platform-based company specializing in smart products for over two decades. Its smart products integrate core technologies such as artificial intelligence, the Internet of Things, big data, and communication technology while incorporating multiple intelligent functions. Drawing from its extensive experience, the company advances the development and application of products and technologies in the mobile communications, internet, cloud computing, and artificial intelligence eras. It provides global technology companies with smart products covering mobile terminals, computing and data center businesses, AIoT, and innovative business sectors.
According to data from灼识咨询 (CIC), Huaqin Technology is one of the ODM platforms offering the broadest range of smart product categories globally. The company is also the world's only ODM manufacturer to establish a leading market position simultaneously in smartphones, tablets, wearable devices, laptops, and data infrastructure products. Its platform and product capabilities have gained widespread recognition in the global market. As of December 31, 2025, the company’s clientele has included major industry participants such as mobile terminal brands, personal computer brands, cloud service providers, and automobile manufacturers worldwide.
Financial Highlights
In 2023, 2024, and 2025, Huaqin Technology's revenue reached RMB 85,338.5 million, RMB 109,878.0 million, and RMB 171,436.9 million, respectively. The company's research and development expenditures for the same periods were RMB 4,547.5 million, RMB 5,155.8 million, and RMB 6,363.5 million, accounting for 5.3%, 4.7%, and 3.7% of total revenue, respectively. In 2023, 2024, and 2025, the company's profits amounted to RMB 2,657.0 million, RMB 2,916.4 million, and RMB 4,131.6 million, respectively.
Futu's grey market platform is stable and supports rapid order placement with market orders. Over 850,000 people have used Futu for subscribing to new shares, gaining an edge in the grey market, and executing trades faster than others.Come and experience it >>
Editor /rice