On August 20, ILUVATAR COREX rose 3.1% in regular trading, trading at 381.4 HKD/share, with turnover of HKD 108 million. The stock rebounded after two consecutive sessions of steep declines totaling nearly 20%.

On the news front, the Hong Kong Exchange announced on August 18 an optimized compilation plan for its Tech 100 Index, expanding coverage to include AI industry chain stocks. This follows the earlier Hang Seng Index Company consultation on revising the Hang Seng Tech Index, forming a dual catalyst. Multiple institutions estimate ILUVATAR COREX is likely to be included in the Hang Seng Tech Index market-cap group, with expected passive fund inflows upon expansion.

However, the company's August 13 profit alert remains a source of market debate. While it guided for a first-half net profit of RMB 60 million to 140 million, the turnaround was primarily driven by RMB 7.3-7.9 billion in unrealized fair value gains on financial assets, with its core GPU business still operating at a loss. A July placement of approximately HKD 7 billion at a 15% discount also continues to weigh on valuation sentiment.

(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.)