Movement Alert｜DiPu Technology Rises 5.25% in Regular Trading, Recovery Rally Continues Following HKEX Tech 100 Index Inclusion and Post-Placement Oversold Conditions

Market Focus06-01

On June 1, DiPu Technology rose 5.25% in regular trading, trading at HK$60.85/share, with trading volume of approximately HK$136 million.

On the news front, the Hong Kong Exchange announced on May 29 that DiPu Technology has been selected for inclusion in the HKEX Tech 100 Index during its semi-annual rebalancing. The adjustment will take effect on June 15, following implementation after market close on June 12. The HKEX Tech 100 Index is a broad-based index tracking 100 Hong Kong-listed technology stocks available for trading via Stock Connect, and inclusion is expected to attract passive fund inflows.

The stock had previously declined sharply after the company completed a placement of 7.942 million new H shares at HK$50.58 per share, representing a discount of approximately 19.78% to the prior closing price, raising net proceeds of approximately HK$395 million. The combination of index inclusion expectations and oversold technical conditions following recent selloffs appears to be supporting the current recovery. Approximately 70% of the placement proceeds are earmarked for overseas market expansion and localization capabilities.

(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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