Haohua Chemical Hits Day High with Strong 6.06% Intraday Surge

Aug 24 2026 05:08 PM IST
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Haohua Chemical Science & Technology Corp. has shown significant growth, with a 67.52% increase over the past year and a 20.52% rise in net sales for the first nine months. The company benefits from reduced raw material costs and maintains a solid market position within the specialty chemicals sector.
Haohua Chemical Hits Day High with Strong 6.06% Intraday Surge
Haohua Chemical Science & Technology Corp. has experienced a notable increase of 6.06% on August 21, 2026, reaching an intraday high of CNY 47.55. This performance stands out against the backdrop of the China Shanghai Composite, which saw a modest gain of just 0.04% on the same day.
Over the past year, Haohua has demonstrated impressive growth, with a return of 67.52%, significantly outperforming the broader market's 3.56% increase. The company's year-to-date performance also reflects strength, with a 47.81% rise compared to the Shanghai Composite's decline of 1.6%. Financially, Haohua reported net sales of CNY 12,301.11 million for the first nine months, marking a growth of 20.52%. The company has also benefited from a significant reduction in raw material costs, which fell by 36.57% year-over-year. With a return on equity of 8.40% and a price-to-book ratio of 2.20, Haohua maintains a solid market position within the specialty chemicals industry. The stock's high dividend yield of 0.66% further underscores its appeal in the current market landscape.
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