Movement Alert|CFMEE Falls 5.83% in Regular Trading, Norges Bank Continues to Reduce Holdings Amid AH Linkage Pressure

Market Focus07-29

On July 29, CFMEE fell 5.83% in regular trading, trading at 311.6 HKD/share with turnover of 23.03 million HKD.

On the news front, Hong Kong Exchange data shows that Norway's sovereign fund Norges Bank reduced its holdings by 113,100 H-shares on July 24 at approximately 303.91 HKD per share, totaling approximately 34.37 million HKD, bringing its stake down to 8.61%. The fund had previously reduced 170,000 shares on July 3, representing a significant cumulative reduction in the short term. Additionally, the company's A-shares plunged 10.19% on July 28 to close at 378.0 RMB, with the AH linkage effect weighing heavily on H-share sentiment. In the PCB sector, institutions have flagged that concentrated capacity release in the medium term may trigger price wars, adding short-term adjustment pressure to the broader segment.

(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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