Hwatsing Technology (688120) edges toward 200 yuan as leverage cools ahead of Shanghai open

Hwatsing Technology Co Ltd’s A shares on the Shanghai exchange closed Friday 1.54% higher at 198.38 yuan. That puts the stock just below the 200-yuan level and close to its 52-week peak of 200.8 yuan. Margin-trading figures revealed a net repayment of 40.34 million yuan, reducing the margin financing balance to 996 million yuan.