On June 26, Lens Technology (06613.HK) fell 5.58% in regular trading, trading at 27.96 HKD/share, with turnover of approximately 150 million HKD.

The electronic components sector experienced collective weakness. Within the sector, FIT Hon Teng dropped 10.17%, Sunny Optical fell 8.06%, VGT declined 6.04%, and KB Laminates slid 2.30%. The broad-based selling pressure reflects deteriorating sentiment across the consumer electronics supply chain.

On the news front, Goldman Sachs recently lowered its global smartphone shipment forecast by 4% to 1.14 billion units for the current year, implying a 10% year-over-year decline, up from the previous estimate of a 6% drop. The bank cited surging AI-related demand diverting memory chip production capacity away from consumer electronics, driving up costs and constraining supply. Additionally, Lens Technology had previously rallied from approximately 24 HKD to over 30 HKD, accumulating significant unrealized gains that are now being unwound as profit-taking pressure intensifies amid the weakened sector backdrop.

(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.)