On July 28, LUXSHARE ICT fell 3.16% in regular trading, trading at 60.55 HKD/share, with turnover of 14.41 million HKD.

The decline was driven by a combination of sector-wide weakness in electronic components and lingering supply pressure from a major foreign institutional sell-off. Within the sector, KB Laminates dropped 11.25%, Kingboard Holdings fell 7.88%, and VGT declined 7.2%, reflecting broadly depressed sentiment across the board.

On the foreign capital front, BNY Mellon slashed its LUXSHARE ICT H-share position by over 70% on July 21, offloading approximately 30.44 million shares in a single session, reducing its stake from 11.28% to 3.36%. The disposal represented 7.92% of total H-share capital, creating significant overhang pressure. While BOCI initiated coverage on July 27 with a Buy rating and a target price of 78.3 HKD, the short-term sector-wide selling momentum and residual supply from the institutional exit continued to dominate price action.

(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.)