On June 4, Jingwei Tiandi (New) rose 8.2% in regular trading, trading at HKD 0.63/share, with trading volume of HKD 137 million.

The stock experienced a catastrophic 83.16% single-day flash crash on May 21, plunging from approximately HKD 5 to HKD 0.83, with turnover reaching HKD 4.625 billion and a turnover rate exceeding 105%. Since then, the stock has entered a phase of extreme volatility, with multiple daily swings exceeding 8% in both directions. Southbound capital net purchased HKD 1.241 billion on the crash day, while the controlling shareholder Hengfeng International and the second-largest shareholder issued no disposal notices.

The Shanghai Stock Exchange and Shenzhen Stock Exchange have both removed the old shares of Jingwei Tiandi from Stock Connect eligibility. The current price remains over 87% below its pre-crash peak, reflecting significant market divergence between bulls and bears. The stock has become a prominent example of the repeated phenomenon where newly included Stock Connect stocks experience sudden collapses shortly after inclusion.

(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.)