On October 28, LENS recorded an Intraday Rise of 3.06% in Regular Trading, with shares trading at HK$14.84 and turnover of HK$55.15 million.
The clearest disclosed catalyst was a Hong Kong filing showing JPMorgan raised its H-share long position in LENS to 6.03% from 5.31%, while its short position also increased to 5.53% from 4.93%, putting institutional positioning back in focus.
This followed the company’s recent third-quarter report, which showed first-nine-month revenue of RMB47.90 billion, down 10.74% year on year, and net profit of RMB1.42 billion, down 50.06%. Management has said several adverse factors may gradually ease in the fourth quarter, while AI server capacity expansion and foldable-device production lines are moving into ramp-up, providing additional background for the stock’s rebound.
(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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