On May 21, Sigre New Energy rose 4.48% in regular trading, trading at HKD 533.0 per share, with trading volume of approximately HKD 50.96 million.

On the news front, the company formally issued 2.036 million H shares on May 18 pursuant to the full exercise of the overallotment option at a price of HKD 324.20 per share, increasing total issued shares from 139,732,341 to 141,768,341. The stock had declined in the previous two trading sessions as newly issued shares entered circulation and the price stabilization period ended on May 13, removing underwriter price support. Today the stock rebounded as the short-term selling pressure from the additional shares appeared largely absorbed.

Within the Electrical Components and Equipment sector, the broader group showed strength. Among peers, CATL rose 1.89%, Zhaowei gained 3.01%, JLMAG rose 0.87%, and SUN.KING TECH advanced 0.88%, reflecting a sector-wide recovery that provided further support for the rebound.

(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.)