HK Stock Market Move | TOPNC (07688) rose over 7% in morning trading, with its Stock Connect shareholding ratio continuing to climb; the company is a leader in five-axis CNC machine tools for aerospace.

TOPNC (07688) rose over 7% in morning trading. As of press time, it was up 7.73% at HK$19.1, with a turnover of HK$10.6735 million. On the news front, TOPNC was included in the Stock Connect eligible shares list starting September 7. Inclusion in Stock Connect will further expand the company's investor base, enhance the trading liquidity of its H shares, and further optimize its shareholder structure. Data shows that since TOPNC's inclusion, its Stock Connect shareholding ratio has continued to climb, reaching 1.65% as of October 8. According to the China Insights Consultancy report cited in the prospectus, in 2025, the company ranked first in China's aerospace five-axis CNC machine tool market with a market share of 10%, and ranked fifth among all suppliers in China's five-axis CNC machine tool market and second among domestic suppliers, with a market share of 3.9%. The company's products mainly include aerospace intelligent manufacturing equipment, compact general-market five-axis machine tools, and large-size carbon fiber composite five-axis machine tools, with revenue mainly derived from aerospace intelligent manufacturing equipment.