Movement Alert|Junda Shares Falls 5.41% in Regular Trading, Profit-Taking Pressure on Commercial Aerospace Concept Continues

Market Focus06-22

On June 22, Junda Shares (02865.HK) fell 5.41% in regular trading, trading at HKD 23.80 per share, with turnover of HKD 168 million, extending the consecutive pullback that began the previous week.

The decline reflects sustained profit-taking following a sharp rally driven by SpaceX's landmark USD 750 billion Nasdaq IPO and Open Source Securities' initiation of coverage with a \"Buy\" rating. The H shares had surged over 9% on June 16, but selling pressure emerged from June 17 onward. On June 18, A-share main fund net outflow reached RMB 227 million, representing a net ratio of -16.51%, signaling institutional profit realization.

Market participants remain divided on the company's commercial aerospace business realization timeline. Institutional estimates suggest the aerospace segment — built through indirect control of Xuntian Qianhe to form a \"space energy + satellite manufacturing + constellation operation\" loop — may not generate meaningful profit contribution until 2028, with projected earnings of RMB 0.21/0.82/2.38 billion for 2026-2028E respectively. Short-term valuation overextension risk continues to drive capital withdrawal.

(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.

Comments

We need your insight to fill this gap
Leave a comment