HK-listed Q Technology hits 16-month low after H1 profit drops
24/08/2026 07:08
BUZZ-HK-listed Q Technology hits 16-month low after H1 profit drops ** Shares of Q Technology (Group) 1478.HK tumble 13% to HK$5.905, their lowest level since April 2025
** Stock set for the biggest one-day pct fall since April 2025
** Camera modules and fingerprint recognition modules developer says its H1 net profit attributable fell 10.5% y/y to 276.02 million yuan ($41.06 million) amid a narrower gross profit margin
** YTD, stock down 19%, Hang Seng TECH Index .HSTECH down 16.8%
($1 = 6.7230 Chinese yuan renminbi)
(Reporting by Donny Kwok)
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HK-listed Q Technology hits 16-month low after H1 profit drops