On July 24, SUNAC fell 5.36% in regular trading, trading at HKD 0.53/share, with turnover of approximately HKD 25.16 million.

On the news front, the decline represents a clear pullback following the previous session's 5.66% gain, which was driven by the company's announcement of granting 285 million incentive shares to 439 core personnel under its team stability plan. The incentive shares, representing approximately 1.43% of issued capital, were granted at zero purchase price with a lock-up period extending to the following June. Meanwhile, the broader property development sector came under collective pressure, with Greentown China down 5.62%, China Jinmao down 4.32%, Sino Land down 2.21%, China Resources Land down 1.71%, and China Overseas Development down 1.47%.

It is worth noting that southbound capital had net-purchased SUNAC shares on 14 out of the prior 20 trading days, accumulating 266 million shares with a holding ratio reaching 29.83%, though this was insufficient to offset the sector-wide selling pressure.

(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.)