HK Stock Market Move | Nsing Technologies Inc. (02701) rose over 6% and announced a price increase of 10% to 20% for some products starting from October 1.

Nsing Technologies Inc. (02701) rose over 6%, and as of the time of writing, it increased by 6.61% to HKD 9.68, with a trading volume of HKD 26.6141 million. In terms of news, on the evening of August 11, Nsing Technologies Inc. issued a notice regarding a price adjustment for its products, stating that it will increase the prices of certain products by 10% to 20% starting from October 1, 2026. The notice mentioned that since the beginning of this year, influenced by the continued growth of the AI industry, the global supply chain structure has undergone profound adjustments, leading to significant changes in the product structure, production costs, and delivery times of semiconductors due to market demand. MCU (Microcontroller) products are also facing structural pressures, with notable imbalances between the growth in product demand and supply. Nsing Technologies Inc. is increasing its supply backups. Last month, Nsing Technologies Inc. issued an earnings upgrade, forecasting a net profit attributable to the parent company of approximately RMB 3.5 million to RMB 5.5 million for the first half of the year, marking a turnaround from loss to profit year-on-year. The reasons for this turnaround in performance include: first, significant growth in sales volume and revenue of integrated circuit products, leading to a substantial increase in overall gross profit; second, due to fluctuations in the domestic capital market, the fair value gain recognized at the end of the reporting period increased year-on-year.