On June 24, Lightelligence-P fell 5.64% in regular trading, trading at HK$437.2/share, with turnover of HK$18.546 million. The stock continues to retrace after being newly included in the Hang Seng Artificial Intelligence Theme Index on June 18, which had triggered a 5.36% surge on June 22 before consecutive sessions of profit-taking.

The decline is further compounded by lingering effects from a market rumor episode that began around June 3, when shares peaked at HK$708. Although the company has issued a clarification announcement and launched a share buyback plan of up to 10% of issued H shares, market confidence has yet to fully recover. Notably, the semiconductor sector posted broad gains today — HUA HONG GRACE up 12.81%, SMIC up 6.55%, GIGADEVICE up 6.73%, and MONTAGE TECH up 4.65% — yet the stock moved in the opposite direction, suggesting company-specific selling pressure remains heavy.

(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.)