On May 20, Lens Technology fell 3.38% in regular trading, trading at HKD 21.6 per share, with trading volume of approximately HKD 74.88 million.

On the news front, the company recently announced plans to acquire 27.81% of Ju Teng International for HKD 734.2 million at HKD 2.20 per share — a discount of approximately 45.68% to prior trading levels — and intends to launch a mandatory general offer to obtain majority control. Market participants have expressed concern over the large cash outlay and the significant price discount embedded in the deal terms.

The decline marks a second consecutive session of weakness following a sharp rally of over 10% on May 18, which was driven by foldable screen catalysts and broker buy ratings. Short-term profit-taking pressure continues to weigh on the stock. Additionally, the broader Electronic Components sector remains soft, with peers such as Foxconn Interconnect Technology and KB Laminates also experiencing selling pressure, amplifying the sector-wide pullback.

(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.)