Hwatsing Technology (SH:688120) Xin Lang Cai Jing·2026-01-27 01:30Core Viewpoint - Huahai Qingsi experienced a decline of 2.56% on January 26, with a trading volume of 1.08 billion yuan, indicating a potential concern regarding its stock performance and investor sentiment [1]. Financing Summary - On January 26, Huahai Qingsi had a financing buy amount of 49.01 million yuan and a financing repayment of 132 million yuan, resulting in a net financing outflow of 82.71 million yuan [1]. - The total financing and securities balance for Huahai Qingsi reached 941 million yuan as of January 26, with a current financing balance of 913 million yuan, accounting for 1.34% of its circulating market value, which is below the 40th percentile level over the past year, indicating a low financing position [1]. - In terms of securities lending, on January 26, Huahai Qingsi repaid 7,300 shares and sold 3,400 shares, with a selling amount of 657,200 yuan based on the closing price [1]. - The securities lending balance stood at 27.93 million yuan, exceeding the 90th percentile level over the past year, indicating a high level of short interest [1]. Business Performance Summary - As of September 30, Huahai Qingsi reported a total of 28,900 shareholders, an increase of 112.76% compared to the previous period, while the average circulating shares per person decreased by 29.83% to 12,245 shares [2]. - For the period from January to September 2025, Huahai Qingsi achieved an operating income of 3.194 billion yuan, representing a year-on-year growth of 30.28%, and a net profit attributable to shareholders of 791 million yuan, reflecting a year-on-year increase of 9.81% [2]. - Since its A-share listing, Huahai Qingsi has distributed a total of 271 million yuan in dividends [2]. Institutional Holdings Summary - As of September 30, 2025, among the top ten circulating shareholders of Huahai Qingsi, E Fund's SSE STAR 50 ETF ranked as the fourth largest shareholder with 9.0417 million shares, an increase of 2.1788 million shares from the previous period [2]. - Huaxia's SSE STAR 50 ETF ranked fifth with 8.6312 million shares, a decrease of 285,700 shares compared to the previous period [2]. - The Jiashi SSE STAR Chip ETF ranked eighth with 5.6060 million shares, an increase of 1.6723 million shares from the previous period, while Hong Kong Central Clearing Limited entered as a new shareholder with 5.2776 million shares [2].