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Changes in Hong Kong stocks | National Technology (02701) rose more than 6% and announced a 10% to 20% price increase for some products starting October 1
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The Zhitong Finance App learned that Kookmin Technology (02701) rose by more than 6%. As of press release, it had risen 6.61% to HK$9.68, with a turnover of HK$266.14,400.

According to the news, on the evening of August 11, National Technology issued a product price adjustment notice stating that it has decided to increase the prices of some of the company's products by 10% to 20% starting October 1, 2026. The notice mentioned that since this year, due to the continued heating up of the AI industry, the global supply chain structure has been profoundly adjusted, and the product structure, production costs and delivery times of semiconductors have also changed greatly due to market demand. MCU (microcontroller) products are also under structural pressure. The increase in demand for related products and supply conflicts are prominent, and National Technology is increasing supply backup.

Last month, Kookmin Technology made a profit. It is expected to achieve net profit of about RMB 3.5 million to 5.5 million yuan in the first half of this year, turning a loss into a profit over the previous year. As for the reason for the loss in performance, the first is that sales volume and sales revenue of integrated circuit products increased significantly year on year, and overall gross profit increased dramatically; second, due to fluctuations in domestic capital markets, the fair value change earnings confirmed at the end of the reporting period increased year on year.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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