Lights On in Restricted Room! Huiyou Listed for Disposal Stocks And Another New High, Netizens Exclaim: Truly 'Sharp'

Reported 7 months ago

FTNN News Network June 11, 2024, 10:20 PM [FTNN News Network] Reporter Zeng Yiyu/ Comprehensive Report. Following the market frenzy, Nvidia CEO Huang Renxun disclosed a list of 43 Taiwan factory partners and supply chain partners. Huiyou (5484) has been experiencing a rising trend since the 3rd, hitting six daily limit up. Despite being listed for disposal by the exchange starting today, Huiyou continued its strong performance, opening at 49.8 yuan and hitting the limit up at 50 yuan 10 minutes later. Netizens marveled at Huiyou's performance, questioning its limits. Today marks the first day of Huiyou's disposal with the stock hitting 50 yuan and marking the 7th limit up. The company attributes its success to its revenue growth of 105% year-on-year in May, with a 15.78% monthly increase. Huiyou's focus on edge computing for years has now expanded into AI applications, with approximately 20-30% of revenue coming from AI edge computing products. Despite being restricted until 6/25, the company's stock momentum remains strong, impressing netizens with its resilience to keep climbing new highs.

Source: YAHOO

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