HK Stock Market Move | (PRODUCTIVE TECH 00650) rose more than 45% in the afternoon, with a two-day cumulative increase of 70%, wet-chemical full matrix and LPCVD dual-wheel growth.

PRODUCTIVE TECH (00650) has risen more than 45%, with a cumulative increase of over 70% in the past two trading days. As of the time of writing, it has increased by 40.32%, to HK$0.435, with a trading volume of HK$32.9839 million. On the news front, Huaxin Securities issued a research report on April 10, initiating coverage with a "buy" rating on PRODUCTIVE TECH. The firm believes that PRODUCTIVE TECH is transitioning from a traditional energy and investment company to a high-tech manufacturer that has achieved breakthroughs in domestic semiconductor wet processing equipment. The company's core business is at the intersection of two historical trends: the expansion of domestic wafer factories and the localization of semiconductor equipment. Taking into account that the company's semiconductor equipment is in the early stages of launching new products (LPCVD, slot cleaning) to the market, and the company has a competitive advantage in the bottleneck areas of high-end semiconductor cleaning and thin film deposition; with the equipment undergoing large-scale validation in wafer factories and transitioning to mass delivery, the company is expected to reach a turning point in profitability in the 2027 fiscal year. The profit margin will enter an upward trend, with the firm predicting a significant increase in the company's net profit margin in the future, optimistic about the company's long-term growth prospects.