Hwatsing Technology (688120) edges toward 200 yuan as leverage cools ahead of Shanghai open
Hwatsing Technology’s A shares closed Friday up 1.54% at 198.38 yuan in Shanghai, just shy of their 52-week high. Margin financing fell by 40.34 million yuan, bringing the balance to 996 million yuan, or 1.42% of circulating value. Securities lending for short selling remained low. Hwatsing’s next earnings report is scheduled for April 23.
