Movement Alert|DELTON Falls 3.1% in Regular Trading, Fullgoal Fund Significantly Reduces Stake with Holding Ratio Dropping to 5.05%

Market Focus13:47

On July 23, DELTON fell 3.1% in regular trading, trading at 118.4 HKD/share, with turnover of approximately 62.12 million HKD.

On the news front, the latest HKEX disclosure of interests shows that on July 20, Fullgoal Fund Management reduced its holdings in DELTON by approximately 761,900 shares at an average price of 135.271 HKD per share, involving a total consideration of approximately 103 million HKD. Following the disposal, Fullgoal Fund's stake decreased from 6.71% to 5.05%, with remaining holdings of approximately 2.3252 million shares. Notably, this marks the second consecutive reduction within a week, as Fullgoal Fund had previously sold 186,900 shares on July 16 at 138.769 HKD per share. The successive large-scale disposals by the institutional investor have weighed on market sentiment.

Within the Electronic Components sector, KB Laminates rose 1.24%, VGT rose 1.32%, Sunny Optical rose 3.0%, while Kingboard Holdings fell 2.05% and Lens fell 0.28%.

(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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