On June 22, Mingming Henmang (01768.HK) declined 3.27% in regular trading, trading at HKD 322.8/share, with turnover of approximately HKD 28.19 million. The pullback extended a multi-session correction pattern following the stock's strong post-inclusion rally.

On the news front, the company was officially included in the Hang Seng Composite Index and Stock Connect eligible list on June 8, after which it surged for four consecutive sessions with a cumulative gain exceeding 15%, reaching approximately HKD 380. Since then, sustained profit-taking has dominated price action. Data shows the stock's short-selling ratio stands at 40.06%, the highest in the food and beverage sector, with a deviation ratio of 229.72%, indicating persistent bearish pressure. While southbound capital has recorded modest net inflows in recent sessions, the buying has been insufficient to reverse the downtrend.

Multiple brokerages including CITIC Construction Investment and Huaxi Securities maintain Buy ratings, citing the company's supply chain moat and Davis Double Click thesis, yet near-term technical selling pressure continues to prevail over fundamental optimism.

(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.)