EASOU TECH

Easou Technology opened higher in the morning session (at 2.04 HKD at noon), supported by its 20-million-HKD share buyback plan and a full-year turnaround to profit. The stock touched an intraday high of 2.08 HKD before succumbing to profit-taking in the afternoon, closing at 1.98 HKD, down 1.00% from the prior close, with a daily range of 6.50%. The company reported a full-year net profit of 32.52 million RMB (vs. a loss last year), with Q4 revenue up 27.93% YoY to 222.1 million HKD and net profit surging 522.55% YoY. Despite the strong earnings, the stock ended below its 20-day moving average (1.981 HKD), remains 68.82% off its 52-week high of 6.35 HKD, and is down 36.94% year-to-date, trading at a P/E of 24.72x.

Easou Technology (2550.HK) opened 5.6% lower in the morning session and continued to decline, hitting an intraday low of HKD 2.02 by 09:57 BJ with a 5.6% drop, marking a 69.78% retreat from its 52-week high of HKD 6.75. Trading was thin, with only 3,000 shares changing hands. The stock weakness is primarily attributed to persistent liquidity concerns following the company's removal from the Hong Kong Stock Connect list, compounded by the lingering negative sentiment from a prior block trade of 12.5 million shares and a major shareholder transfer of shares to Bank of China (Hong Kong). However, fundamentals show improvement: Q4 2025 net profit surged 522.55% YoY to HKD 12.29 million, operating income turned positive, and net profit margin recovered to 5.54%, with EPS up 413.41% YoY. The stock currently trades below both its MA20 (HKD 1.972) and MA60 (HKD 1.93), with a YTD decline of 35.03%, while the trailing P/B of 0.87x and a 25.93% discount to the 52-week low of HKD 1.62 offer a potential value floor against the improving earnings backdrop.

Easou Technology opened higher and rose in the morning session, hitting an intraday high of HKD 2.16 before sustaining gains into the afternoon, closing at HKD 2.15, up 1.42% with an intraday range of approximately 2.86%. The move followed the company's announcement of a HKD 20 million share buyback plan to boost capital efficiency, coupled with a full-year net profit of RMB 32.52 million, reversing a loss from the prior year, as revenue grew 27.93% YoY to HKD 222.1 million and net profit margin reached 5.54%. However, the stock remains 68.15% below its 52-week high of HKD 6.75 and is down 31.53% year-to-date, though it has traded above both the 20-day MA (HKD 1.967) and 60-day MA (HKD 1.929), indicating near-term technical improvement without a confirmed medium-term trend reversal.

Leshi Internet surged 5.46% to close at HKD 1.93 in the afternoon session, driven by a sharp improvement in latest quarterly earnings and dual-moving-average support. Q4 2025 net profit jumped 522.55% YoY to HKD 12.29 million, operating income rose 113.29% YoY, revenue grew 27.93% YoY, and EPS increased 413.41% YoY to HKD 0.0279, lifting the stock from a morning low of HKD 1.83 to an intraday high of HKD 1.93, above both the 20-day (HKD 1.927) and 60-day (HKD 1.925) moving averages. However, the stock remains down 38.54% YTD and 73.04% below its 52-week high of HKD 7.16, leaving valuation recovery uncertain.

Easou Technology (2550.HK) traded lower on the day, closing at HKD 1.820, down 5.21%, primarily pressured by broad Hong Kong market sentiment and continued valuation digestion following severe early share price declines. The intraday session showed a downward trend, opening at HKD 1.900 before quickly hitting a low of HKD 1.780 in the morning, then oscillating in the HKD 1.820-1.860 range during the afternoon, ultimately closing near the session low. The company's fundamentals have improved markedly, with Q4 2025 net profit surging 522.55% YoY to HKD 12.29 million and revenue up 27.93%, while the net profit margin remained at 5.54%. However, the stock remains far below its 52-week high of HKD 7.16, down 74.58% from that peak, with a YTD decline of 42.04%. The current price of HKD 1.82 also trades below both the MA20 (HKD 1.925) and MA60 (HKD 1.932), indicating persistent technical pressure. Nonetheless, the company recently announced a HKD 20 million share buyback program and secured shareholder approval for a new share scheme and a HKD 180 million investment mandate, which could provide some support going forward.