Stocks related to Andrew Huang hit new high at opening and surged to 98.4 yuan

Reported 12 months ago

On July 2, 2024, the stock associated with the founder Huang Renxun surged at the opening, reaching a new high of 98.4 yuan. The company, Huiyou (5484), has experienced a remarkable increase, rising over 2.8 times since May 31 when it was priced at 25.8 yuan. This surge is attributed to Huang Renxun's visit to Taiwan and his positive comments about the Taiwan supply chain. Despite facing challenges of losses, Huiyou is aiming to turn a profit in the future with its focus on industrial computers, CCTV, and car-mounted DVRs, leveraging Nvidia chips for AI edge computing products.

Source: YAHOO

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