According to the latest data from the Hong Kong Stock Exchange, on September 18, shareholders of LOPAL TECH (02465) transferred shares from Citibank to Hong Kong Stock Connect (Shanghai), with a transfer value of HK$141 million, representing 9.64% of holdings.

In the first half of this year, LOPAL TECH achieved revenue of RMB 3.622 billion, an increase of 1.5% year-on-year. The loss attributable to owners was RMB 84.194 million, narrowing by 61.6% compared to the same period last year.

A research report from Great Wall Securities noted that the company leads in overseas capacity construction and has deep partnerships with major clients, which enhances the certainty of capacity utilization. The improvement in industry concentration and market conditions is expected to bring considerable performance elasticity.