Hui and Technology fell more than 9% after hours, with corporate earnings forecasts below expectations.

Jin10 data reported on October 16 that HPE, one of the world's largest computing device manufacturers, announced its profit and cash flow outlook for the next fiscal year, but it fell short of analysts' expectations, reflecting the reality of profit margin pressure in the era of artificial intelligence. The company stated that for the fiscal year ending October 2026, after excluding certain items, earnings per share will be between $2.20 and $2.40, with free cash flow projected at $1.5 billion to $2 billion. Analysts' average expectation was for earnings per share of $2.41 and free cash flow of $2.41 billion. HPE is betting on its networking business as a key pillar for future expansion. In July of this year, the company made an acquisition of Juniper Networks for about $13 billion. At the same time, artificial intelligence has driven the rise in demand for high-performance servers. However, HPE is grappling with declining profit margins, partly due to the use of expensive AI chips to build servers, which has dropped the profitability of the servers.