Movement Alert｜Jingwei Tiandi (New) Rises 8.33% in Regular Trading, Extending Post-Crash Oversold Rebound After May 21 Flash Crash

Market Focus05-26

On May 26, Jingwei Tiandi (New) (02477.HK) rose 8.33% in regular trading, trading at HK$0.75/share, with trading volume of HK$384 million.

The stock is continuing its oversold recovery following a catastrophic cliff-like flash crash on May 21, when it plunged 83.16% in a single session from approximately HK$5.11 to HK$0.83, with turnover reaching HK$4.625 billion and an extraordinary turnover rate of 105.97%. Notably, southbound capital net purchased HK$1.241 billion worth of shares on the crash day, topping the Stock Connect net buy list. The stock has since entered a volatile recovery phase, rebounding 10.84% on May 22 before retreating to HK$0.72 on May 23. The current price remains deep within the post-crash oversold repair range, with significant market divergence between bulls and bears.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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