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HK Movers | Unlock-Related Stocks Sink With Knowledge Atlas and GigaDevice Down 20%

Tiger Newspress07-10

Hong Kong-listed stocks linked to upcoming share lock-up expirations came under heavy selling pressure, with several high-profile names posting sharp losses.

Knowledge Atlas and GigaDevice plunged about 20%, while Iluvatar CoreX fell nearly 19%. MiniMax dropped about 10%, and Biren Tech declined about 8%.

The broad-based weakness reflects investor concerns over potential share supply increases following lock-up expirations, weighing on sentiment across the sector.

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