
Core Viewpoint - Huitian Technology (01729) has seen its stock price rise over 5%, reaching a historical high of 11.48 HKD, driven by strong profit growth expectations and increased sales orders in its wire component division [1] Group 1: Company Performance - Huitian Technology expects a profit increase of approximately 50% to 60% for the six months ending June 30, 2025, compared to the mid-year report of 2024 [1] - The growth is primarily attributed to increased sales orders from data centers within the wire component division, which is expected to boost the company's revenue [1] Group 2: Market Developments - Luxshare Precision plans to issue H-shares for a listing in Hong Kong, aiming to deepen its global strategic layout [1] - In February 2022, Luxshare Precision acquired Huitian Technology through its subsidiary, holding a 74.67% stake post-acquisition [1] - Huatai Securities anticipates that 19 stocks, including Huitian Technology, may be included in the Hong Kong Stock Connect by early September [1]