On July 6, Sunny Optical Technology fell 3.25% in regular trading, trading at 57.35 HKD/share, with turnover of 134 million HKD.

The decline was driven by broad weakness across the electronic components sector coupled with pressure from major shareholder reductions. Within the sector, KB Laminates fell 4.26%, FIT Hon Teng fell 4.86%, VGT fell 3.70%, Kingboard Holdings fell 3.04%, and Lens Technology fell 2.45%. On the shareholder front, filings disclosed that Chairman Wang Wenjian and related parties including Sun Ji Limited and Sun Xu Limited reduced approximately 4.95 million shares on June 23 via an equity collar transaction, lowering his stake from 38.66% to 38.21%.

The stock had previously plunged over 20% in late June after Apple confirmed price hikes on MacBook and iPad products, triggering broad sell-offs across the supply chain. Although a brief rebound to 61.8 HKD occurred on July 3 as JPMorgan noted iPhones were excluded from the price increases, recovery momentum failed to sustain under renewed sector pressure and the overhang from insider selling.

(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.)