--- title: "Hong Kong stock movement: NUOBIKAN's stock price rebounded by 20.64%. Can clarifying the trading truth withstand the pressure of the lifting of restrictions?" type: "News" locale: "en" url: "https://longbridge.com/en/news/286037290.md" description: "NUOBIKAN surged 20.64%; Weisheng Holdings fell 3.61%, with a transaction volume of HKD 105 million; AAC Technologies fell 1.17%, with a transaction volume of HKD 97.63 million; Changguang Chenxin fell 3.86%, with a transaction volume of HKD 94.74 million; China Railway Signal & Communication Corporation's market value reached HKD 38.1 billion" datetime: "2026-05-12T05:06:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286037290.md) - [en](https://longbridge.com/en/news/286037290.md) - [zh-HK](https://longbridge.com/zh-HK/news/286037290.md) --- # Hong Kong stock movement: NUOBIKAN's stock price rebounded by 20.64%. Can clarifying the trading truth withstand the pressure of the lifting of restrictions? **Hong Kong Stock Movement** NUOBIKAN surged 20.64%. Based on recent key news: 1. On May 12, NUOBIKAN issued an announcement clarifying that its transaction with Hengxin Dongfang is genuine and valid, leading to a rebound in stock price. The announcement stated that Hengxin Dongfang was penalized for financial fraud, but NUOBIKAN's transaction is unrelated, causing the stock price to rise by 26.33%; Source: Zhitong Finance 2. On May 11, NUOBIKAN's stock price plummeted significantly due to capital withdrawal after being included in the Hong Kong Stock Connect. Market analysis indicated that after the good news was realized, funds chose to take profits at high levels, resulting in a stock price drop of 18.32%; Source: CaiLianShe 3. On May 11, NUOBIKAN faced pressure from the lifting of restrictions, and future stock prices may be affected by the unlocking of restricted shares. The company will have two batches of shares unlocked in June and December, which may exacerbate selling sentiment; Source: CaiLianShe AI industry volatility is intensifying, and investment should be cautious. **Stocks with High Trading Volume in the Industry** Weisheng Holdings fell 3.61%, with a trading volume of HKD 105 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. AAC Technologies fell 1.17%. Based on recent news, 1. On May 12, AAC Technologies' subsidiary, Yuandi Technology, achieved mass production of the ATAHORAN series 2.2MW/2.6MW centralized liquid-cooled CDU and simultaneously began global bulk delivery. Monthly delivery capacity reached 400 units, maintaining its position in the industry's first tier. This news failed to boost the stock price; instead, the market's willingness to participate in the consumer electronics components sector has somewhat recovered, leading to a decline in stock price. 2. On May 11, AAC Technologies' MACD daily line confirmed a bullish signal above the zero axis, indicating that short-term buying power is re-gathering, while the medium-term trend still points towards a strong direction. However, the overnight weakness in the U.S. stock market's chip sector may cause some emotional disturbance to the upstream of consumer electronics, resulting in a decline in stock price. 3. On May 8, the overall performance of the Hong Kong electronic equipment sector was mixed, with semiconductor stocks weakened by the pullback of U.S. chip stocks, but the components side gained favor from funds due to order certainty. As a leader in the acoustic and haptic feedback field, AAC Technologies' stock price operates above the short-term moving average, but failed to offset the negative impact of overall market sentiment, leading to a decline in stock price. The willingness to participate in the consumer electronics components sector has recovered, but there is uncertainty in the market. Changguang Chuangxin fell 3.86%. Based on recent key news: 1. On May 8, Changguang Chuangxin announced that the overall coordinator fully exercised the over-allotment option, involving a total of 9.7941 million H shares, accounting for about 15% of the total shares available for subscription globally. The net proceeds from the additional funds are approximately HKD 379.8 million. This news led to an increase in market demand for the company's stock, resulting in price fluctuations. 2. No other significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation **Stocks Ranked Among the Top by Market Capitalization in the Industry** China Communications Signal, with a market capitalization of HKD 38.1 billion, has no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [02635.HK](https://longbridge.com/en/quote/02635.HK.md) - [03393.HK](https://longbridge.com/en/quote/03393.HK.md) - [02018.HK](https://longbridge.com/en/quote/02018.HK.md) - [03277.HK](https://longbridge.com/en/quote/03277.HK.md) - [03969.HK](https://longbridge.com/en/quote/03969.HK.md) ## Related News & Research - [Nuobikan distances itself from supplier’s revenue misstatement case](https://longbridge.com/en/news/285964575.md) - [Nuobikan AI Clarifies Trading Limits Around Share Subdivision and Board Lot Change](https://longbridge.com/en/news/277626869.md) - [15:05 ETACC Heavy Duty Receives the Coveted APEX Award from DTNA](https://longbridge.com/en/news/286809201.md) - [Nuobikan Back To Earth After Spectacular Debut](https://longbridge.com/en/news/284410225.md) - [Hesai sustains profitability as LiDAR shipments surge and secures Mercedes order](https://longbridge.com/en/news/286887280.md)