On July 15, Rigol Technologies (00537.HK) rose 5.25% in regular trading, trading at HK$27.22/share, with turnover of HK$23.71 million.

On the news front, the stock continues its rebound after consecutive sharp declines following its Hong Kong listing on July 9 at an offer price of HK$45.98 per share. The stock broke on its first trading day, closing at HK$28.8, and subsequently fell further, with cumulative losses from the IPO price exceeding 43%. The H-shares currently trade at a discount of over 56% to their A-share counterpart.

Supporting the recovery, the company recently issued a half-year earnings forecast projecting net profit attributable to shareholders of RMB 34.58 million to RMB 42.62 million, representing year-over-year growth of 113.27% to 162.84%. The company cited strong momentum in communications, new energy, and semiconductor segments. Market participants note the deep discount to IPO price combined with the earnings beat has attracted short-term capital inflows, sustaining the rebound for a second consecutive session.

(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.)