Nexchip falls 8% as Huaqin increases stake to 10%
Nexchip Integration (2249.HK) tumbled 8% during regular trading to HK$29.740.
Huaqin Technology increased its stake in Nexchip by 1.6282 million H-shares for about HK$56.41 million on July 10, raising its holding to approximately 10%. The move aims to deepen industrial chain integration and strategic investment 布局，reflecting confidence in Nexchip's long-term development.