Movement Alert|Hans CNC Falls 3.48% in Regular Trading, A-Share Plunge and Institutional Selling Continue to Weigh

Market Focus
06/08

On June 8, Hans CNC (03200.HK) fell 3.48% in regular trading, trading at HKD 161.1 per share, with trading volume of HKD 127 million.

On the news front, the stock's A-share counterpart plunged 7.23% on the previous trading day with main capital net outflow of approximately RMB 886.1 million, signaling significant selling pressure. Meanwhile, Hong Kong exchange disclosure data shows Morgan Stanley and Schroders PLC had previously reduced their positions in succession, with combined divestment exceeding HKD 47 million. Morgan Stanley sold 118,100 shares on May 19, reducing its stake to 7.94%, while Schroders PLC offloaded 198,200 shares on May 7.

The stock had previously surged over 366% in the past year, driven by the AI computing power and PCB equipment high-prosperity thesis. Short-term profit-taking pressure continues to be released, with the H-share tracking A-share weakness amid sustained institutional outflows.

(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.)

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