On June 26, CIG Shanghai fell 3.68% in regular trading, trading at 152.2 HKD/share, with turnover of HKD 137 million. The decline came as the optical communications sector experienced broad-based selling pressure, with peers YOFC falling 6.68% and ZTE declining 4.97%.

On the news front, the company had previously triggered an abnormal trading alert after its A-shares posted cumulative gains exceeding 20% over three consecutive trading days. The announcement highlighted a static price-to-earnings ratio of 319.04x and a price-to-book ratio of 11.12x, significantly exceeding sector averages of 76.64x and 7.53x respectively. With the stock in the midst of a shareholder reduction plan implementation period, profit-taking pressure has intensified following the rapid short-term rally. Additionally, frequent block trades at discounted prices on the A-share side have continued to weigh on market sentiment.

(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.)