On May 28, Tianyu Advanced (02631) fell 8.32% in regular trading, trading at HKD 113.5/share, with trading volume of HKD 82.59 million. The stock experienced a sharp reversal following the previous session's surge of over 16%.
On the news front, a shareholder holding more than 5% of the company's shares, together with concert parties, reduced their stake from 8.00% to 6.83%, triggering the 1% disclosure threshold. Additionally, on May 27, four block trades were executed at a 10% discount to market price, with a combined transaction value exceeding RMB 80 million. The concentration of shareholder disposals and deeply discounted bulk transactions has been interpreted by the market as a bearish signal, raising concerns over near-term selling pressure and prompting profit-taking after the stock's sharp rally driven by SiC-AI demand narratives.
Tianyu Advanced is a leading global silicon carbide substrate manufacturer, specializing in the R&D, production, and sales of SiC substrates used in electric vehicles, AI data centers, photovoltaic systems, and advanced communication infrastructure.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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