Hongfa Technology Hits Day High with 4.59% Surge in Stock Price

Hongfa Technology Co., Ltd., a prominent player in the Electronics & Appliances sector, has experienced a notable surge in its stock price, gaining 4.59% on October 30, 2025. The stock reached an intraday high of CNY 29.25, reflecting strong performance relative to the broader market, as the China Shanghai Composite index only increased by 0.7% on the same day.
Over the past week, Hongfa Technology has shown a robust performance with a 10.05% increase, significantly outpacing the Shanghai Composite's 2.62% rise. The company's one-month performance stands at 10.38%, while its year-to-date growth is impressive at 28.21%, compared to the index's 19.83%.

Financially, Hongfa Technology boasts a return on equity of 24.36% and a price-to-book ratio of 3.90, indicating a fair valuation. The company has also demonstrated solid profitability, with a 19.1% increase in profits over the past year. Additionally, it offers a dividend yield of 1.43%, appealing to income-focused investors. Overall, Hongfa Technology's performance metrics highlight its strong position within the electronics industry.