---
title: "Huaqin Technology (3296.HK) Surges Over 11% on Strong Growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285682619.md"
description: "Huaqin Technology (3296.HK) is currently priced at HKD 121.00, with a daily increase of +11.01%, and an intraday increase exceeding 10%, giving it a market capitalization of HKD 129 billion. The company focuses on smart hardware and data business, expecting an annual growth rate of 30%-50% in its data business. Earnings significantly improved in the first quarter, and the super node products will begin small batch shipments in Q2. Recently, a batch of tech bonds was oversubscribed, successfully raising HKD 1.2 billion, with both performance and financing driving a substantial increase in stock price"
datetime: "2026-05-08T07:40:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285682619.md)
  - [en](https://longbridge.com/en/news/285682619.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285682619.md)
---

# Huaqin Technology (3296.HK) Surges Over 11% on Strong Growth

Huaqin Technology (3296.HK) traded at HK$121.00, up **11.01%** intraday as its price surged over 10%. Market cap is HK$129 billion.

Specializing in smart hardware and data business, Huaqin expects data segment growth of 30%-50% for the year. Q1 profits rose significantly, with supernode products entering small-batch shipments in Q2. The company also raised RMB 1.2 billion through oversubscribed tech bonds, supporting both performance and share gains.

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