On July 6, Xin Ji Wei Zhuang (09630.HK) fell 3.38% in regular trading, trading at 421.0 HKD/share, with turnover of 9.485 million HKD. The decline reflects continued profit-taking pressure following the stock's massive post-IPO rally, compounded by broad weakness across the semiconductor equipment sector.
The company's H shares were listed on the Hong Kong Stock Exchange on June 26 at an offering price of 252.73 HKD, doubling to 515 HKD on the first trading day, generating enormous unrealized gains for early participants. On June 30, a large position transfer worth 1.308 billion HKD—representing 19.19% of shares—was recorded, with 887,700 shares transferred into Citibank and 807,300 shares transferred out of Huatai Hong Kong, signaling institutional repositioning and profit realization.
Meanwhile, the semiconductor equipment sector traded broadly lower on the session, with peer ASMPT declining 4.79%, transmitting sector-wide pressure to individual names including Xin Ji Wei Zhuang.
(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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