Movement Alert|LUXSHARE ICT Rises 3.25% in Regular Trading, Post-Apple Event Sell-Off Digested as Shareholders Meeting Convenes

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On September 16, LUXSHARE ICT rose 3.25% in regular trading, trading at HKD 58.2 per share, with turnover of approximately HKD 75 million.

On the news front, the company convened its first extraordinary general meeting on the same day, deliberating proposals including changes to registered capital, revisions to its related-party transaction management policy, and a proposed bond issuance. The stock had declined 3.05% on September 14 following a classic sell-the-news reaction after Apple's fall launch event, which unveiled the iPhone 18 Pro series, the first foldable iPhone Duo, and AirPods 5. With short-term profit-taking largely completed, selling pressure eased and the stock staged a technical rebound.

Fundamentally, the company projected third-quarter attributable net profit growth of 15% to 25% year-over-year, while first-half revenue surged 40.16% to RMB 174.5 billion. The sustained earnings growth trajectory continues to underpin valuation support.

(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.)

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