Movement Alert|51World Falls 3.58% in Regular Trading, Profit-Taking Intensifies After 185% Monthly Surge Amid Extreme Valuation

Market Focus06-11

On June 11, 51World declined 3.58% in regular trading, trading at HKD 122.6 per share, with trading volume of HKD 193 million.

The stock has surged over 185% in the past month, catalyzed by NVIDIA's consecutive launches of Alpamayo 2 Super and Cosmos 3 products. However, the company's price-to-book ratio has expanded to approximately 72 times, while net profit remains negative, placing its valuation at an extreme level. Market profit-taking pressure continued to build as traders locked in gains from the extended rally.

Within the Application Software sector, several peers also came under selling pressure on the same day, with Horizon Robot-W down 2.95% and SenseTime-W down 2.03%, reflecting broader sector-level capital outflows that amplified bearish sentiment. The combination of an overextended short-term rally, elevated valuation multiples, and sector-wide weakness drove sustained selling pressure across the session.

(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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