HK Stock Market Move | GALAXIS TECH (02729) rose nearly 5% during the day as the company was officially included in the Hong Kong Stock Connect. Ample orders on hand will provide strong income support.

GALAXIS TECH (02729) rose nearly 5% during the trading session, and as of the time of writing, it increased by 3.84%, trading at HKD 35.16, with a transaction volume of HKD 4.2201 million. In news, on September 4, the Shanghai Stock Exchange issued a notice stating that according to the relevant provisions of the "Implementation Rules for Shanghai-Hong Kong Stock Connect," GALAXIS TECH has officially been included in the list of eligible securities for Hong Kong Stock Connect. This adjustment will take effect on September 7 (Monday). Recently, GALAXIS TECH announced its performance for the six months ending June 30, 2026. During this period, the company achieved revenue of approximately RMB 505 million, a year-on-year increase of 45.1%; gross profit of approximately RMB 88.21 million, a year-on-year increase of 42.7%, with a gross profit margin of 17.5%. Notably, the companys order backlog remains robust. As of June 30, 2026, the total amount of orders to be delivered for Siasun Robot & Automation is approximately RMB 2.2 billion, which is expected to be fulfilled within the next three years. This includes 56 ongoing overseas projects, with an amount to be delivered of approximately RMB 710 million. The ample orders on hand are expected to provide strong support for the companys future revenue growth.