Movement Alert｜LENS Falls 3.73% in Regular Trading, Pressured by Apple Order-Cut Rumors and Institutional Stake Reductions

Market Focus10-13

On October 13, LENS fell 3.73% in regular trading, trading at 18.79 HKD with turnover of 12.47 million HKD, extending recent weakness.

Market sentiment was pressured by reports of Apple reducing production orders for the iPhone 18 Pro series, alongside consecutive stake adjustments by foreign institutions including Morgan Stanley and JPMorgan around the 5% disclosure threshold. Earlier interim results showed revenue down 12.42% year-over-year and adjusted net profit down approximately 51%, leaving fundamental headwinds still to be digested. Additionally, the company is scheduled to hold a board meeting on October 23 to review third-quarter results.

(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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