On July 10, Xunlong Sci-tech (06715.HK) fell 5.08% in regular trading, trading at HK$77.50/share, with turnover of HK$2.85 million, marking a new post-listing low.

On the news front, the stock has been under sustained selling pressure since its June 30 debut on the Hong Kong Stock Exchange. Xunlong Sci-tech listed at an offer price of HK$75.50, opened 36.42% higher at HK$103 on the first day, surged to an intraday high of HK$120.20, and closed at HK$114. However, the stock has since declined over consecutive trading sessions, retreating more than 35% from peak levels. Trading volume has continued to shrink significantly, with short-term profit-taking driving the persistent correction. The public offering tranche received over 2,134 times oversubscription prior to listing.

Xunlong Sci-tech is the world's largest caviar producer, having achieved the top global caviar sales ranking for 11 consecutive years since 2015, with a 36.1% global market share in 2025 and a net profit margin of 47.5%.

(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.)