Movement Alert｜LIGENT Falls 5.13% in Regular Trading, Post-IPO Stabilization Support Has Faded

Market Focus10-26

On October 26, LIGENT fell 5.13% in regular trading, trading at HK$19.75, with turnover of HK$1.05 million.

The move aligns with recent disclosures that the stabilization period tied to the company’s global offering ended on October 17, while the over-allotment option was not exercised and has lapsed, reducing post-listing technical support factors.

Company filings indicated that 25.80 million shares had been over-allocated in the international offering during the stabilization period, and the stabilizing manager completed the return through stock borrowing and market purchases. The company also said no new shares were issued from any over-allotment option exercise, while public float remained in compliance with listing requirements. LIGENT operates in optical modules, optical chips and optical network terminal products for AI, cloud computing, FTTx, transport networks and wireless applications.

(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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