On June 24, Unisound (09678.HK) fell 6.98% in regular trading, trading at 133.7 HKD/share, with turnover of HKD 19.60 million. The decline reflects a continuation of selling pressure as expectations around the company's potential A-share listing cool and the broader AI sector extends its pullback.
On June 22, media reported that Unisound had been in preliminary discussions with multiple brokerages regarding the feasibility of returning to A-share markets. However, sources close to the company indicated the work remains in an early research phase, and the company has not officially responded. Market sentiment toward the timeline remains cautious. Meanwhile, the Hong Kong AI and large model sector has experienced consecutive sharp declines — on June 23, the Hang Seng Tech Index fell 3.30%, with MINIMAX-W down 16.5%, Zhipu down 10.0%, and Unisound itself down 14.4%, with selling pressure extending into the current session.
Additionally, the company has completed three share placements this year raising approximately HKD 880 million in total, while reporting earnings per share of -4.87 HKD, with persistent losses and frequent dilution continuing to weigh on investor sentiment.
(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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