HK Stock Market Move | HQVT (01392) rose nearly 9% again, and its stock price has doubled recently. It is expected to be included in the Hong Kong Stock Connect list next month.

HQVT (01392) has risen nearly 9% and has accumulated a gain of over 110% since July 29. As of the time of writing, it is up 8.06%, trading at HKD 26.8, with a trading volume of HKD 12.3416 million. On the news front, on August 21, the Hang Seng Index Company announced the results of its quarterly review, which includes HQVT in the Hang Seng Composite Index. This adjustment will take effect after the market closes on September 4 (Friday) and will be effective from September 7 (Monday). The Shanghai and Shenzhen Stock Exchanges will accordingly adjust the scope of investable targets for the Hong Kong Stock Connect. HQVT may be included in the Hong Kong Stock Connect as it meets a series of criteria, including market capitalization and liquidity. Public information shows that HQVT is a leading multispectral AI company in China. According to Frost & Sullivan's research, the domestic multispectral AI market size is projected to reach RMB 20 billion by 2025 and is expected to grow to RMB 79.4 billion by 2030, with an industry growth rate exceeding 40%, indicating long-term favorable conditions for growth. The company holds a market share of 3.3% across the entire industry and 23% in the subfield of large models, both ranking first in the country. It has implemented more than 70 leading IDC projects, achieving a hazard identification accuracy rate of 94%, which establishes a strong barrier through real-time operating data.