XUNLONG SCITECH

After a recent single-session slide of 13%, Xunlong Scitech opened weak at HK$44.32, spiked to HK$50.65 by 10:30 in the morning session, then faded twice to close at HK$48.80, up 1.88% on turnover of just HK$11.55 million — a rebound that reads more like oversold repair plus residual support from earlier Buy ratings at DBS and Huatai than fresh volume. Q2 revenue rose 26.51% year on year to HK$209.0 million, yet net profit slipped 1.45% to HK$93.0 million and EPS fell 2.22% to HK$1.0222, so growth came without profit leverage. The stock is still down 57.19% year to date, 59.4% below its 52-week high of HK$120.2 and 19.6% above the 40.8 low set on 29 October; at HK$48.80 it sits just above MA20 of HK$47.81 but far below MA60 of HK$61.79, on a PE of 13.1x. Though the HK$0.8706 interim dividend goes ex on 11 November, which may stir short-term flows.

Xunlong Scitech reversed an early gain and then recovered from an afternoon trough to close at HK$47.90, down 1.52%: the stock touched HK$48.80 at 10:04 BJ before profit-taking set in, bottomed at HK$45.86 at 13:51 and clawed back most of the loss into the close on 256,120 shares worth HK$12.08m, a thin 0.25% turnover rate. The rebound has lifted the shares 17.4% off the 52-week low of HK$40.80 set on 29 October, yet they remain 60.15% below the 29 June peak of HK$120.20 and down 57.98% year-to-date, trading under both the MA20 of HK$48.31 and MA60 of HK$62.19. Fundamentals cut against the price action: Q2 revenue rose 26.51% year-on-year to HK$209.0m while net profit slipped 1.45% to HK$93.0m on a 44.48% net margin, and EPS eased 2.22% to HK$1.0222; Huatai kept its Buy rating, DBS issued a new rating, and an interim dividend of HK$0.8706 per share is due 11 November. Though the stock jumped 18% in a single session in August, it has since revisited 52-week lows several times.

Extending the prior session's 18% surge, Xunlong Scitech added 4.9% to HK$49.00, supported by DBS's new Buy rating, Huatai's reiterated Buy and an interim dividend of HK$0.8706 per share payable 11 November. The tape traced a high open, morning dip and afternoon spike that faded: from HK$50.00 it slid to HK$46.48, touched HK$52.00 at 13:31 BJ and settled at HK$48.54, with HK$31.6m turnover. Q2 revenue of HK$209.0m grew 26.5% YoY and operating profit 6.1%, yet net profit slipped 1.45% to HK$93.0m at a 44.5% margin, so top-line expansion has not reached the bottom line. The price stays below MA20 of HK$49.58 and MA60 of HK$63.02, down 57% YTD, 59% under the HK$120.2 52-week high while 20% above the HK$40.8 low, at 13.2x PE. Though EPS of HK$1.02 eased YoY, leaving earnings momentum an open question.

After touching a 52-week low of HK$42.34 in the prior session, 6715.HK stayed under pressure, opening at HK$43.60, stalling at HK$44.62 and sliding to HK$42.52 by 10:12 BJ before steadying in the afternoon to close at HK$43.74, down 1.97% on roughly HK$6.24mn of turnover and a 0.14% turnover rate. The fundamental picture diverges from the tape: Q2 2026 revenue rose 26.51% year on year to HK$209.0mn and operating income gained 6.05%, with net margin at 44.48%, yet net profit slipped 1.45% and EPS of HK$1.0222 fell 2.22%. Year to date the shares are down 61.63% and sit 63.61% below the 52-week high of HK$120.2 set on 29 June, still under MA20 of HK$55.00 and MA60 of HK$65.57. Huatai Securities and DBS had issued buy ratings, and an interim dividend of HK$0.8706 per share is due on 11 November, with PE at 11.75 and PB at 1.34, though net profit has now declined year on year for two consecutive quarters.

Shares staged a dip-and-rebound session, sliding to HK$42.60 in the morning before spiking to HK$45.18 in the afternoon and closing at HK$44.66, roughly flat against the prior HK$44.64 close on about 439,000 shares; Huatai Securities kept its Buy rating, DBS issued a fresh rating, and an interim dividend of HK$0.8706 per share due November 11 framed the day's tug-of-war. The earlier news that interim adjusted net profit rose 15.7% year-on-year had driven a single-day rebound of more than 12%. Fundamentals remain mixed: Q2 revenue of HK$209.0 million grew 26.51% year-on-year on a 44.48% net margin, yet net profit of HK$93.0 million and EPS of HK$1.0222 slipped 1.45% and 2.22% respectively. The price still sits below its MA20 of HK$56.04 and MA60 of HK$65.81, down 60.86% year-to-date, 62.88% below the 52-week high of HK$120.2, and just 4.89% above yesterday's 52-week low of HK$42.54.