Movement Alert|Lightelligence-P Rises 5.21% in Regular Trading, Stabilization After Two-Day Pullback Amid Semiconductor Sector Strength

Market Focus06-18

On June 18, Lightelligence-P rose 5.21% in regular trading, trading at 498.0 HKD/share, with turnover of approximately 51.3 million HKD.

The stock previously surged over 15% on June 15, driven by the launch of the Shanghai Integrated Optical Computing Chip and System Key Laboratory — jointly established with Shanghai Jiao Tong University — and a broad rally in the optical communications sector. The stock then pulled back for two consecutive sessions with a cumulative decline exceeding 10%, releasing short-term profit-taking pressure. Today's rebound signals stabilization following the correction.

On the sector front, the semiconductor industry rallied broadly, with Innoscience up 7.45%, GigaDevice up 6.64%, Hua Hong Grace up 3.64%, and Montage Technology up 3.52%, providing positive sentiment spillover. Additionally, the company's previously announced share buyback plan of up to 10% of issued H shares continues to underpin market confidence amid ongoing recovery from a prior rumor-related sell-off that saw shares retreat sharply from a June 3 high of 708 HKD.

(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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