Movement Alert|LENS Falls 3.07% in Regular Trading, Robot Concept Weakness and Morgan Stanley Stake Reduction Pressure Shares

Market Focus10-09

On October 9, LENS fell 3.07% in regular trading, trading at HK$20.12, with turnover of HK$9.6879 million.

The stock extended losses after Morgan Stanley reduced its H-share long position below 5%, with the robot concept sector remaining under pressure. Hong Kong Exchange disclosures showed Morgan Stanley cut 82,000 H-shares at an average price of HK$21.6199 on October 5 in an on-exchange transaction, lowering its long position from 5.01% to 4.98%.

Earlier, JPMorgan also reduced its stake through an off-exchange transaction on October 3, cutting its long position from 5.36% to 4.65%. The broader robot concept sector continued to weaken, with reports citing concerns over higher IPO thresholds for humanoid robotics firms. LENS also posted a 12.42% year-over-year revenue decline in the first half, and adjusted net profit fell approximately 51%, further weighing on market sentiment.

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