On May 29, SERES (H-share) fell 3.55% in regular trading, trading at HKD 67.95 per share, with trading volume of HKD 66.54 million.

On the news front, the company previously announced its annual profit distribution plan, distributing a cash dividend of RMB 0.8 per share (tax inclusive), with the record date set for June 2 and the ex-dividend date on June 3. Due to the equity distribution, the share buyback price cap was adjusted downward from RMB 150 to RMB 149.2 per share. As the ex-dividend date approaches, some investors appear to be locking in gains ahead of the distribution.

At the sector level, the Automobile Manufacturers industry showed broad weakness. Among peers, BYD Company rose 2.1%, while Li Auto fell 4.8%, XPeng dropped 4.22%, Leapmotor declined 2.36%, and Geely Auto slipped 0.79%, reflecting subdued sentiment across the sector that weighed on SERES shares.

(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.)