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Q TECH Opens ~14% Higher as 2024 Profit Expected to Grow by >2x
Q TECH (01478.HK) issued a positive profit alert, and opened 13.97% higher today (15th). The stock spiked 13.97% to $6.28, with 856,000 shares traded, involving $5.3757 million.Q T...
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Q TECH Opens ~14% Higher as 2024 Profit Expected to Grow by >2x
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STOCK INFO

Q TECH (01478.HK)  +0.040 (+0.587%)    Short selling $2.44M; Ratio 5.920%   issued a positive profit alert, and opened 13.97% higher today (15th). The stock spiked 13.97% to $6.28, with 856,000 shares traded, involving $5.3757 million.

Q TECH expected its profit for 2024 to increase by 200-280% YoY, primary due to the further entry of AI into consumer scenarios, with the markets for smartphones, smart driving and Internet of Things smart terminals continuing to improve, as well as the increase in the sales volume of related products, which drove the growth in revenue.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-22 16:25.)

Related NewsCiti: Q TECH (01478.HK) 2024 Earnings Slightly Beat; Rating Reiterated at Buy

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