On June 11, Johnson Electric Holdings fell 5.06% in regular trading, trading at HK$21.36/share, with trading volume of HK$58.61 million. The stock has weakened for multiple consecutive sessions.
On the news front, the Auto Parts & Equipment sector continued its broad-based selloff, with SEYOND down 12.08%, MINIEYE down 7.78%, HESAI-W down 4.78%, FUYAO GLASS down 4.06%, and MINTH GROUP down 3.01%, reflecting sustained bearish sentiment across the sector. The company previously issued a profit warning indicating full-year net profit attributable to shareholders would decline approximately 21% to 25% year-over-year. Additionally, JP Morgan maintained a Neutral rating with a HK$22 target price, and the current share price has fallen further below that level, leaving the stock without effective near-term support as short-selling momentum continues to build amid sector-wide weakness.
(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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