On June 15, Eagle Industry Precision rose 6.54% in regular trading, trading at HK$8.61/share, with turnover of HK$15.82 million, marking a notable rebound after two consecutive days of decline.

The stock had fallen sharply following the completion of a placing-and-subscription arrangement, dropping to as low as HK$7.84 — more than 14% below the placement price of HK$9.10 per share. The placement involved 60 million new shares at approximately 13.58% discount, raising net proceeds of approximately HK$539 million intended for AIDC-related end-market expansion, Mexico and China factory capacity increases, aerospace positioning, and bank loan repayment. The current rebound reflects a technical recovery from oversold conditions.

Additionally, a company director purchased 60 million shares on May 27, signaling management confidence in the company's outlook. Meanwhile, the Industrial Machinery sector broadly strengthened, with UBTECH Robotics up 7.4%, Hans CNC up 7.78%, and Estun up 5.76%, providing additional sector-driven support to the stock's recovery.

(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.)