On July 21, Shenzhen Senior Technology Material rose 5.07% in regular trading, reaching HK$7.88 per share, with turnover of approximately HK$18.67 million.
On the news front, the latest disclosure from the Hong Kong Stock Exchange revealed that Fullgoal Fund increased its holdings by 660,000 H-shares on July 16 at an average price of HK$7.9693 per share, involving approximately HK$5.26 million. Following the purchase, Fullgoal Fund's stake rose from 8.59% to 9.03%, with total holdings reaching 13.501 million shares. Notably, Fullgoal Fund had previously reduced its position by 1.326 million shares on July 9 at HK$10.758 per share, making this reversal a signal of renewed confidence at lower levels.
The stock had fallen below its IPO price of HK$8.98 on July 13 and remained weak since. The company is the world's second-largest lithium-ion battery separator manufacturer by shipment volume, with Q1 revenue growing 21.53% year-over-year to RMB 1.081 billion, though net profit declined 37.33%.
(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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