On July 10, Mininglamp Technology-W fell 5.96% in regular trading, trading at HK$141.9/share, with turnover of HK$18.329 million.

On the news front, the company announced on July 8 the issuance of 7.4198 million Class A ordinary shares at HK$0 per share upon exercise of share options under its 2010, 2011, and 2020 share plans, representing approximately 5.68% of previously issued share capital, creating short-term dilution pressure.

Meanwhile, the company faces its first major post-IPO lock-up expiry on July 31, with approximately 124 million shares—representing roughly 85% of total share capital—set to become tradable, resulting in an approximately 22-fold surge in free float. Multiple international investment banks have warned of an intensifying HK lock-up wave, with Goldman Sachs estimating US$274 billion worth of restricted shares to be unlocked over the next 12 months. Historically, affected stocks typically decline 4%-7% within three to six months post-unlock. The extremely low trading volume reflects strong wait-and-see sentiment among investors.

(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.)