Movement Alert｜Mininglamp Technology Falls 5.19% in Regular Trading, Massive Lock-Up Expiry Pressure Continues to Weigh on Share Price

Market Focus06-26

On June 26, Mininglamp Technology-W (02718) fell 5.19% in regular trading, trading at HKD 215.4/share, with turnover of HKD 5.60 million.

On the news front, the company faces its first large-scale lock-up share expiry since listing on July 31, involving approximately 124 million shares representing roughly 85% of total share capital. Prior to this event, the company had only about 5.95 million shares in free float, accounting for just 4.09% of total shares. Post-expiry, the tradeable float is expected to surge approximately 22 times, creating substantial potential selling pressure in the market.

Although the stock previously experienced a technical rebound driven by the grey-scale launch of WeChat AI assistant and the release of an Agentic AI industry white paper, the overhang from the approaching lock-up expiry has persistently suppressed valuations. Short-term profit-taking has intensified, with the share price declining in consecutive sessions as traders continue to exit positions ahead of the unlock date.

(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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1183809639?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-26 11:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1183809639","market":"us","top_or_hot":-1,"title":"Movement Alert｜Mininglamp Technology Falls 5.19% in Regular Trading, Massive Lock-Up Expiry Pressure Continues to Weigh on Share Price","media":"Market Focus","content":"<p><p>On June 26, Mininglamp Technology-W (02718) fell 5.19% in regular trading, trading at HKD 215.4/share, with turnover of HKD 5.60 million.</p><p>On the news front, the company faces its first large-scale lock-up share expiry since listing on July 31, involving approximately 124 million shares representing roughly 85% of total share capital. Prior to this event, the company had only about 5.95 million shares in free float, accounting for just 4.09% of total shares. Post-expiry, the tradeable float is expected to surge approximately 22 times, creating substantial potential selling pressure in the market.</p><p>Although the stock previously experienced a technical rebound driven by the grey-scale launch of WeChat AI assistant and the release of an Agentic AI industry white paper, the overhang from the approaching lock-up expiry has persistently suppressed valuations. Short-term profit-taking has intensified, with the share price declining in consecutive sessions as traders continue to exit positions ahead of the unlock date.</p><p>(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.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Mininglamp Technology Falls 5.19% in Regular Trading, Massive Lock-Up Expiry Pressure Continues to Weigh on Share Price</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Mininglamp Technology Falls 5.19% in Regular Trading, Massive Lock-Up Expiry Pressure Continues to Weigh on Share Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-26 11:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 26, Mininglamp Technology-W (02718) fell 5.19% in regular trading, trading at HKD 215.4/share, with turnover of HKD 5.60 million.</p><p>On the news front, the company faces its first large-scale lock-up share expiry since listing on July 31, involving approximately 124 million shares representing roughly 85% of total share capital. Prior to this event, the company had only about 5.95 million shares in free float, accounting for just 4.09% of total shares. Post-expiry, the tradeable float is expected to surge approximately 22 times, creating substantial potential selling pressure in the market.</p><p>Although the stock previously experienced a technical rebound driven by the grey-scale launch of WeChat AI assistant and the release of an Agentic AI industry white paper, the overhang from the approaching lock-up expiry has persistently suppressed valuations. Short-term profit-taking has intensified, with the share price declining in consecutive sessions as traders continue to exit positions ahead of the unlock date.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02718","symbol_name":"明略科技-W","start_time":0,"source_url":"","article_id":"1183809639","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1183809639","pubTimestamp":1782443979,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 26, Mininglamp Technology-W (02718) fell 5.19% in regular trading, trading at HKD 215.4/share, with turnover of HKD 5.60 million.On the news front, the company faces its first large-scale...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02718":"明略科技-W"},"translate_title":"动静提示|明略科技常规交易跌5.19%巨大禁售到期压力持续打压股价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02718":1},"content_text":"On June 26, Mininglamp Technology-W (02718) fell 5.19% in regular trading, trading at HKD 215.4/share, with turnover of HKD 5.60 million.On the news front, the company faces its first large-scale lock-up share expiry since listing on July 31, involving approximately 124 million shares representing roughly 85% of total share capital. Prior to this event, the company had only about 5.95 million shares in free float, accounting for just 4.09% of total shares. Post-expiry, the tradeable float is expected to surge approximately 22 times, creating substantial potential selling pressure in the market.Although the stock previously experienced a technical rebound driven by the grey-scale launch of WeChat AI assistant and the release of an Agentic AI industry white paper, the overhang from the approaching lock-up expiry has persistently suppressed valuations. Short-term profit-taking has intensified, with the share price declining in consecutive sessions as traders continue to exit positions ahead of the unlock date.(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.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1183809639","isCrawlerRequest":true}