On July 28, HANS CNC fell 4.66% in regular trading, trading at 105.9 HKD/share, with turnover of HKD 5.9577 million. The decline extends a sustained correction following the prior realization of strong H1 earnings.
The company previously issued a profit alert projecting H1 net profit of RMB 900 million to 1 billion, representing year-over-year growth of 242% to 280%, driven by surging demand for AI PCB-related solutions. This positive catalyst was largely priced in around July 10, when shares reached approximately 157 HKD. Since then, the stock has retreated over 30% on profit-taking.
On the institutional front, GIC Private Limited reduced its holding by 181,900 shares on July 17 at approximately 109.09 HKD per share, lowering its stake from 13.08% to 12.77%. Additionally, the A/H share premium deviation stood at 72.79% as of July 10, suggesting continued valuation compression pressure for the H-share listing. Meanwhile, Citi maintains a Buy rating with a target price of 325 HKD.
(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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