Movement Alert｜Dajin Heavy Industry Falls 5.25% in Regular Trading, IPO Stabilization Period Ends Removing Price Support

Market Focus07-03

On July 3, Dajin Heavy Industry fell 5.25% in regular trading, trading at HK$60.6/share, with turnover of HK$4.789 million.

The decline was triggered by the formal conclusion of the company's IPO stabilization period on July 2. During the stabilization period, Huatai Financial Holdings purchased approximately 12.68 million H shares on the open market at prices ranging from HK$58.1 to HK$66.4 per share to support the stock price. With this buying support now withdrawn, selling pressure has intensified.

The overallotment option was only partially exercised for 2.33 million shares at HK$66.40, raising additional net proceeds of approximately HK$151.3 million. Out of the 15 million shares initially over-allocated in the international offering, 12.68 million were covered through open market purchases, with only the remainder fulfilled via the partial exercise. Meanwhile, the company was simultaneously added to both Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect on the same day, though short-term northbound capital inflows have not been sufficient to offset the post-stabilization selling pressure.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1126446224?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-03 11:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1126446224","market":"hk","top_or_hot":-1,"title":"Movement Alert｜Dajin Heavy Industry Falls 5.25% in Regular Trading, IPO Stabilization Period Ends Removing Price Support","media":"Market Focus","content":"<p><p>On July 3, Dajin Heavy Industry fell 5.25% in regular trading, trading at HK$60.6/share, with turnover of HK$4.789 million.</p><p>The decline was triggered by the formal conclusion of the company's IPO stabilization period on July 2. During the stabilization period, Huatai Financial Holdings purchased approximately 12.68 million H shares on the open market at prices ranging from HK$58.1 to HK$66.4 per share to support the stock price. With this buying support now withdrawn, selling pressure has intensified.</p><p>The overallotment option was only partially exercised for 2.33 million shares at HK$66.40, raising additional net proceeds of approximately HK$151.3 million. Out of the 15 million shares initially over-allocated in the international offering, 12.68 million were covered through open market purchases, with only the remainder fulfilled via the partial exercise. Meanwhile, the company was simultaneously added to both Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect on the same day, though short-term northbound capital inflows have not been sufficient to offset the post-stabilization selling pressure.</p><p>(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.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Dajin Heavy Industry Falls 5.25% in Regular Trading, IPO Stabilization Period Ends Removing Price Support</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Dajin Heavy Industry Falls 5.25% in Regular Trading, IPO Stabilization Period Ends Removing Price Support\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-07-03 11:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On July 3, Dajin Heavy Industry fell 5.25% in regular trading, trading at HK$60.6/share, with turnover of HK$4.789 million.</p><p>The decline was triggered by the formal conclusion of the company's IPO stabilization period on July 2. During the stabilization period, Huatai Financial Holdings purchased approximately 12.68 million H shares on the open market at prices ranging from HK$58.1 to HK$66.4 per share to support the stock price. With this buying support now withdrawn, selling pressure has intensified.</p><p>The overallotment option was only partially exercised for 2.33 million shares at HK$66.40, raising additional net proceeds of approximately HK$151.3 million. Out of the 15 million shares initially over-allocated in the international offering, 12.68 million were covered through open market purchases, with only the remainder fulfilled via the partial exercise. Meanwhile, the company was simultaneously added to both Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect on the same day, though short-term northbound capital inflows have not been sufficient to offset the post-stabilization selling pressure.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01081","symbol_name":"大金重工","start_time":0,"source_url":"","article_id":"1126446224","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126446224","pubTimestamp":1783050344,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On July 3, Dajin Heavy Industry fell 5.25% in regular trading, trading at HK$60.6/share, with turnover of HK$4.789 million.The decline was triggered by the formal conclusion of the company's IPO...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01081":"大金重工"},"translate_title":"运动快讯|大金重工常规交易跌5.25%IPO稳定期结束去除价格支撑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01081":1},"content_text":"On July 3, Dajin Heavy Industry fell 5.25% in regular trading, trading at HK$60.6/share, with turnover of HK$4.789 million.The decline was triggered by the formal conclusion of the company's IPO stabilization period on July 2. During the stabilization period, Huatai Financial Holdings purchased approximately 12.68 million H shares on the open market at prices ranging from HK$58.1 to HK$66.4 per share to support the stock price. With this buying support now withdrawn, selling pressure has intensified.The overallotment option was only partially exercised for 2.33 million shares at HK$66.40, raising additional net proceeds of approximately HK$151.3 million. Out of the 15 million shares initially over-allocated in the international offering, 12.68 million were covered through open market purchases, with only the remainder fulfilled via the partial exercise. Meanwhile, the company was simultaneously added to both Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect on the same day, though short-term northbound capital inflows have not been sufficient to offset the post-stabilization selling pressure.(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.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1126446224","isCrawlerRequest":true}