HK-listed Q Technology hits 3-year high on January shipment growth

Q Technology (Group) Co

12/02/2025 04:15

** Shares of camera modules maker Q Technology  1478.HK 
rise 4.3% to HK$8.34, their highest since February 2022
    ** Company said total sales volume of its camera modules
(CCM) in January rose 12.3% m/m to 35.9 mln units, but was down
10.8% y/y
    ** Says total sales volume of fingerprint recognition
modules (FPM) rose 41.5% Y/Y 
    ** Citi, with a "buy" rating on Q Tech, says CCM shipment
volume is in line with expectations amid Chinese New Year impact
while FPM is ahead 
    ** "We deem Q Tech as key beneficiary of national handset
subsidy and ramp-up of non-handset CCM business," Citi said in a
research note
    ** Hang Seng Tech Index  .HSTECH  gains 1.2%, Hang Seng
Index  .HSI  rises 1.6%
    ** Stock rose 46% last year  

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))