On May 20, Sigre New Energy fell 3.21% in regular trading, trading at HKD 486.8 per share, with trading volume of HKD 12.55 million.

On the news front, the company formally issued 2,036,000 H shares on May 18 pursuant to the full exercise of the over-allotment option at an issue price of HKD 324.20 per share. The total issued share capital consequently increased from 139,732,341 shares to 141,768,341 shares, representing approximately 1.46% dilution. Additionally, the price stabilization period concluded on May 13, meaning the underwriter is no longer providing price support. The stock is now fully subject to market supply and demand dynamics, creating short-term selling pressure as newly issued shares enter circulation.

Within the Electrical Components and Equipment sector, the overall sector is under broad pressure. Among individual stocks, CATL down 1.21%, TIME INTERCON down 2.62%, ZHAOWEI down 4.25%, JLMAG down 2.21%, ZHIDA TECH-NEW flat at 0%.

(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.)