On June 1, Lightelligence-P (01879.HK) rose 3.81% in regular trading, trading at HKD 642.5/share, with trading volume of HKD 18.53 million.

On the news front, the rally is interpreted as a continuation of the technical rebound following the end of the global offering stabilization price period on May 23. The overall coordinator had fully exercised the over-allotment option involving approximately 2.0693 million H shares at HKD 183.20 per share. Notably, the stabilization agent did not buy or sell any H shares during the entire stabilization period to stabilize the price. After losing this potential price support factor, the stock experienced consecutive sessions of heavy selling pressure starting May 26. Following multiple trading days of concentrated selling, selling pressure has gradually been absorbed, and the stock continues its rebound trajectory.

Lightelligence is a company primarily engaged in optical interconnect and optical computing, with products spanning Scale-up and Scale-out optical interconnect solutions as well as the PACE series of optical computing products.

(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.)