Semiconductors

MEGAIN

MEGAIN released FY2025 Q3 earnings on March 30 (BJT), actual revenue HKD 46.23 M, actual EPS HKD -0.0473

MEGAIN released FY2025 9 Months Earnings on March 30, 2026 (BJT) with actual revenue of HKD 122.85 M and EPS of HKD -0.1278

Mei Jia Yin Holdings Switched From Profit to Loss in 2025 Fiscal Year

MEGAIN released FY2025 Q4 earnings on March 30 During-Market (BJT), actual revenue HKD 47.02 M, actual EPS HKD -0.0481

MEGAIN released FY2025 Annual Earnings on March 30 During-Market (BJT), Actual Revenue: HKD 169.78 M, Actual EPS: HKD -0.1759

MEGAIN to Release FY2025 Earnings Report on March 30 During-Market BJT

Meijiatong Holding Acquired and Subscribed by Geehy International Limited

MEGAIN released FY2025 Q1 earnings on August 29 (BJT), actual revenue HKD 37.89 M, actual EPS HKD -0.0398

MEGAIN released FY2025 Q2 earnings on August 29 During-Market (BJT), actual revenue HKD 38.73 M, actual EPS HKD -0.0406

MEGAIN released FY2025 Semi-Annual earnings on August 29 During-Market BJT, actual revenue HKD 76.62 M, actual EPS HKD -0.0805

MEGAIN FY2025 Semi-Annual Earnings Release on August 29, 2025 (BJT)

MEGAIN released FY2024 Q3 earnings on March 31 (BJT), with actual revenue of 46.51 M HKD and EPS of 0.0098 HKD

MEGAIN released FY2024 9 Months Earnings on March 31 (BJT), with actual revenue of 117.45 M HKD and EPS of 0.0107 HKD

MEGAIN released FY2024 Q4 earnings on March 31 After-Market (BJT), actual revenue 44.64 M HKD, actual EPS 0.0094 HKD

MEGAIN released FY2024 annual earnings on March 31 After-Market (BJT), actual revenue 162 M HKD, actual EPS 0.0201 HKD

MEGAIN to Release FY2024 Annual Earnings on March 31 After-Market (BJT)

Meijia Audio Holdings Expects a 82% to 92% Decrease in Profit for Fiscal Year 2024

Meijiayin Holdings Releases Interim Results for 2024

Meijiayin Holdings subscribes to wealth management products from ICBC, totaling 50 million yuan

Meijia Audio Holdings expects a decrease in net profit for the fiscal year 2023

HINSANG GROUP

RIVERINE CHINA

PASHUN INT RTS

BRAINAURORA-B

SOFTMEDX

GOLDENPOWER

ZHONGKE GROUP

VISION SYNERGY

GEMILANG INTL

GHPC

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Yesterday, MEGAIN Holdings triggered a golden cross signal on the daily MACD zero axis in the Hong Kong stock market, with a trading volume of approximately HKD 28.08 million, which is considered a significant increase for this small-cap semiconductor company. The MACD golden cross appeared above the zero axis, which is usually seen as a trend reinforcement signal in a medium-term bullish pattern, indicating that phase buying is actively intervening. The recent stock price trend shows a gradual rise in the bottom, and the moving averages are beginning to show the early signs of a bullish arrangement, with a short-term bullish atmosphere heating up. On the news front, the semiconductor sector has recently been one of the most active themes in the Hong Kong stock market. The explosive demand for global AI hardware is driving the chip supply chain's prosperity, with hedge funds achieving their best performance in nearly two decades by heavily investing in the AI supply chain and memory chips. In the Hong Kong stock semiconductor sector, TianYue Advanced rose over 18% in a single day, and INNOSCIENCE increased by 3%, with the sector's profit effect spreading to small and mid-cap stocks. Data from the Ministry of Commerce shows that integrated circuit trade has significantly increased in the first four months, and the logic of domestic substitution continues to ferment, attracting more capital attention to semiconductor sub-sector targets. From a technical perspective, MEGAIN Holdings, as a small-cap stock, has relatively limited liquidity, and the sustainability of trading volume is key to judging the effectiveness of bullish signals. If the current volume level can be maintained in subsequent trading days and continue to close with positive candlesticks, the short-term trend is expected to continue. The performance of sector leaders has a strong reflective effect on it, so attention should be paid to the directional guidance of heavyweight stocks such as SMIC and HUA HONG SEMI. The short-term trend is biased towards bullish, but small-cap stocks have high volatility and limited liquidity, so the risks of chasing prices need to be taken seriously

Technical Forecast

SICC

HUA HONG SEMI

INNOSCIENCE

SMIC

SMIC HK SDR 5to1

Hua Hong

Pre-market trend | MEGAIN Holdings (6939.HK) 5/14 Bullish momentum gathers, should we pay attention to the unusual movements of small-cap semiconductor stocks?

MEGAIN Holding (Cayman) Co. Ltd. has announced a potential unconditional mandatory cash offer for its shares not already owned by the offeror and its concert parties. The offer is contingent on completing a share purchase agreement and obtaining necessary offshore investment approvals by April 30, 2026. The company is working to meet remaining conditions, including Stock Exchange approval, before the August 31, 2026 deadline. Shareholders are advised to exercise caution as the offer may or may not proceed.

Tip Ranks

MEGAIN updates market on conditions for possible mandatory cash offer

Megain Holding (Cayman) Co. Ltd. has scheduled its annual general meeting for June 29, 2026, to review the audited financial statements for 2025. The agenda includes re-elections of directors, re-appointment of BDO Limited as auditor, and a mandate to issue up to 20% of the company's share capital. This move aims to maintain financial flexibility for future capital-raising initiatives. The company, listed on the Hong Kong Stock Exchange, emphasizes stability in governance and financial reporting.

Megain Holding Sets June 2026 AGM, Seeks Fresh Share Issue Mandate

MEGAIN issued a profit warning, expecting a loss of no less than 60 million RMB for the fiscal year 2025, compared to a net profit of 9.66 million RMB in the previous year. The shift from profit to loss is mainly due to a significant decline in the gross profit margin of the group's compatible printer consumables chip business; an increase in sales and distribution expenses; increased administrative expenses due to changes at the mainland headquarters and the write-off of raw material costs; and a net operating loss during the period, leading to a substantial increase in asset impairment losses

AASTOCKS

"Profit Warning" MEGAIN estimates a full-year loss of no less than 70 million RMB

MEGAIN Holding (Cayman) Co. Ltd. has announced a delay in the release of the composite offer document for a possible mandatory cash offer by Geehy International. Originally due by February 13, 2026, the deadline has been extended to September 16, 2026, or seven days post-deal completion, due to the need for additional regulatory approvals. Investors are cautioned about the uncertainty of the offer's completion. The latest analyst rating for MEGAIN stock is a Hold with a price target of HK$1.50.

MEGAIN delays composite document for possible mandatory cash offer

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In the Hong Kong stock market, the three major indices showed divergent trends. The Hang Seng Index rose to 27,931.62 points, up 0.38%, once again setting a new high for the period. The Technology Index fell back, dropping 1.24% during the session, with a clear rotation structure among sectors. Internet content and information, hardware, and other sectors experienced fluctuations, while the retail sector generally declined, with leading company Alibaba -W down 0.69%. Stocks such as Sunac China, WELIFE TECH, and SOUTH MANGANESE showed significant movements, becoming the focus of market attention. The market's liquidity and macro expectations dominated short-term performance

- In the Hong Kong stock market, the Hang Seng Index reached a new high of 27,931.62 points, up 0.38%, while the Hang Seng Tech Index saw a decline of 1.24%.  
- Notable movements included China Fortune Land Development rising 25.24%, and Weilai Life Technology soaring 98.33%, reflecting investor optimism after strong earnings reports.  
- External funding flows and local economic indicators significantly influenced market dynamics, with unemployment and retail figures becoming focal points for investors.

Market Pulse

EASYHOLD GROUP

TENCENT

KUAISHOU-W

BABA-W

MNSO

XIAOMI-W

LENOVO GROUP

LONGCHEER

Sunac China

SOUTH MANGANESE

LOGAN GROUP

ZIJIN MINING

PING AN

Hong Kong stock market intraday | The Hang Seng Index briefly rose above 28,000 points, the Technology Index retreated, WELIFE TECH surged 98%

MEGAIN Holdings fell 17.27%; Semiconductor Manufacturing International Corporation rose 3.26%, with a transaction volume of HKD 6.567 billion; Hua Hong Semiconductor rose 6.22%, with a transaction volume of HKD 3.307 billion; JunDa Co., Ltd. rose 0.40%, with a transaction volume of HKD 658 million; Zhaoyi Innovation rose 8.22%, with a market value of HKD 242.1 billion

HK Stock Alerts

Hong Kong Stock Movement: MEGAIN resumes trading down 17.27%, mandatory offer discount raises market concerns

MEGAIN Holdings fell 13.79%; Semiconductor Manufacturing International Corporation rose 1.06%, with a transaction volume of HKD 2.733 billion; Hua Hong Semiconductor rose 1.26%, with a transaction volume of HKD 1.728 billion; JunDa Co., Ltd. fell 5.71%, with a transaction volume of HKD 1.041 billion; Zhaoyi Innovation rose 4.82%, with a market value of HKD 224.2 billion

Hong Kong stock movement: MEGAIN Holdings resumes trading down 13.79%, acquisition offer and equity dilution trigger market panic

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On January 26th, Hong Kong stocks closed with mixed results across the three major indices. The Hang Seng Index saw a slight increase, while the Hang Seng Tech Index declined, indicating a divergence in market performance. The gold sector experienced significant capital inflow, driving stocks like ZIJIN MINING to rise sharply. The internet and retail sectors were sluggish, with Alibaba and Meituan showing weak performance. Stocks like FANGZHOU JIANKE and Longbridge saw notable gains, creating localized market hotspots. Overall, defensive and theme-driven sectors attracted capital. Macro attention is focused on liquidity and external trade, with structural investment opportunities still available

- On January 26, Hong Kong stocks showed a mixed performance with the Hang Seng Index slightly up by 0.06% at 26,765.52 points, while the Hang Seng Tech Index fell by 1.24%.  
- Notable market movements included a significant rise in the gold sector, with Zijin Mining and Shandong Gold gaining 4.36% and 4.51% respectively, reflecting a strong investor preference for safe-haven assets amid improving economic conditions.  
- Overall, the market is witnessing structural opportunities driven by factors such as moderate inflation and recovering manufacturing activity, with investor focus on liquidity and external trade performance.

FANGZHOU JIANKE

MEITUAN

CHINAGOLDINTL

SD GOLD

YOFC

CHI SILVER GP

RUIHE DATA

POP MART

CNOOC

LAOPU GOLD

Hong Kong stock market close | Hang Seng Index slightly up, technology sector under pressure, gold strengthens, ZIJIN MINING rises 4.36%, FANGZHOU JIANKE surges 33.22%

MEGAIN(06939.HK)