CFMEE

Xinqi Micro broke out in the morning session, closing up 5.4% at HK$377.8, driven by the announcement of an extraordinary shareholder meeting and Goldman Sachs' upgraded AI PCB outlook. The stock rebounded from an intraday low of HK$355.2 to hit a high of HK$377.8, with a 6.4% swing. Q1 revenue surged 124.9% YoY to HK$583.6M and net profit rose 121.2% YoY to HK$122.9M, with EPS of HK$0.93. However, the stock remains 31.93% below its 52-week high of HK$555 and is down 26.64% YTD, trading above the MA20 (HK$346.6) but below the MA60 (HK$359.4), suggesting the strong fundamentals have yet to fully close the valuation gap.

Xinqi Micro staged a V-shaped reversal in the morning session, opening at HKD 345 and dipping to an intraday low of HKD 330.4 before rebounding sharply to close at HKD 357, up 5% with a 7.8% range. The rally was driven by Goldman Sachs' upward revision of the AI PCB outlook and improved liquidity from Stock Connect inclusion. Q1 revenue surged 124.9% YoY to HKD 583.6 million, net profit jumped 121.2% YoY, with EPS of HKD 0.93 and net margin expanding to 21.1%. However, the stock still trades 35.7% below its 52-week high of HKD 555 and below the 60-day MA of HKD 358.97, with a YTD loss of 30.7% and a high PE of 133x, reflecting market skepticism on sustaining such growth.

Xinqi Micro opened sharply lower and dropped 4.9% to HK$316.2 in early morning trading, likely driven by profit-taking after a recent rally. The stock surged 13% on August 17 following Goldman Sachs' upward revision of the AI PCB market outlook, and has remained active since. Q1 2026 revenue jumped 124.9% YoY to HK$583.6 million, with net profit up 121.2% to HK$122.9 million and net margin reaching 21.1%. However, the current price is 43% off its 52-week high of HK$555 and trades below both the 20-day MA (HK$334.05) and 60-day MA (HK$358.52), while the PE ratio stands at 118x, indicating valuation pressure alongside short-term profit-taking.

Xinqi Micro opened lower and extended losses in the morning session, falling 5.0% from the previous close of HKD 371.2, as the boost from Goldman Sachs' upward revision of AI PCB forecasts faded and investors await semi-annual results at elevated valuations. The company reported Q1 2026 revenue of HKD 584 million (+124.9% YoY) and net profit of HKD 123 million (+121.2% YoY), with a net margin of 21.1%, but the current price of HKD 352.6 remains below both the MA60 (HKD 360.0) and MA20 (HKD 335.6), with a YTD decline of 31.5% and a 36.5% drop from the 52-week high of HKD 555, though it still trades 54.7% above the 52-week low of HKD 228.

Xinqi Micro staged a rally-and-retreat session today, initially surging to HKD 401 in the morning session before paring gains to close at HKD 365.8, down about 5% from the previous close of HKD 385. The reversal was driven by profit-taking after recent AI PCB booster, despite Goldman Sachs' upward revision of AI PCB market outlook that had previously lifted the stock. Q1 2026 revenue jumped 124.93% YoY to HKD 583.6M, net profit surged 121.23% YoY to HKD 122.9M, and EPS of HKD 0.93 rose 122.58% YoY, reflecting solid fundamentals. However, the stock remains 28.97% below its YTD start price of HKD 515 and 34.09% off its 52-week high of HKD 555, while trading near the MA20 (HKD 334.45) and MA60 (HKD 360.03).