On August 10, AUNTEA JENNY fell 20.08% in regular trading, trading at 93.4 HKD/share, with turnover of HKD 106 million. The sharp decline was triggered by the expiration of pre-IPO shareholders' lock-up periods and associated selling pressure expectations.
According to the company's announcement on August 9, multiple pre-IPO shareholders — including Suzhou Yizhong, Suzhou Xiangzhong, Nanjing Xiangzhong, Zhuhai Jinyiming, Guangzhou Hanlv, and Shanghai Yipu — saw their original lock-up periods expire on August 7. While these shareholders voluntarily extended the restriction to November 7, they are collectively permitted to reduce holdings of up to 3,684,228 shares during this period, representing approximately 3.50% of total issued shares. This came shortly after the company completed H-share full circulation on July 22, converting over 35.26 million domestic unlisted shares into tradeable H shares, significantly increasing free float.
Notably, the company reported strong H1 results with net profit surging 58.3% year-over-year to RMB 321 million, fueling a substantial pre-existing rally. The combination of lock-up expiry, full circulation, and concentrated profit-taking from earlier gains appears to have amplified intraday 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.)
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