On May 26, Sigre New Energy rose 3.56% in regular trading, trading at HKD 535.5 per share, with trading volume of approximately HKD 53.04 million.

On the news front, the company formally issued 2,036,000 H shares on May 18 pursuant to the full exercise of the overallotment option at an issue price of HKD 324.20 per share, increasing total issued share capital from 139,732,341 shares to 141,768,341 shares. The price stabilization period had ended on May 13, meaning underwriters no longer provide price support. Following the landing of new tradable shares, the stock experienced multiple sessions of volatile pullback as selling pressure weighed on the market. After sustained digestion of this supply overhang, the stock is now extending its rebound trajectory.

Within the Electrical Components & Equipment sector, performance is divergent. Among individual stocks, ZHAOWEI up 4.03%, CATL down 1.6%, JLMAG down 2.71%, TIME INTERCON down 2.21%, SUN.KING TECH down 0.84%.

(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.)