On October 30, REALORD TEC-NEW fell 8.08% in Regular Trading, trading at HK$0.241, with turnover of HK$140 million.

The latest catalyst in public disclosures points to fading support from the company’s earlier clarification that its original counter under stock code 1196 remains eligible for Southbound Stock Connect trading, while short-term positioning pressure persisted after a forced sale of 81.294 million shares held in a margin account linked to a major shareholder, representing about 1.41% of issued shares.

Company statements had clarified that the counter removed from Southbound trading was only the temporary counter 2922 created for a share subdivision and that this counter had already been discontinued as planned. While that clarification previously helped drive a rebound, subsequent market action suggests the effect has weakened, with correction of the earlier eligibility misunderstanding now overlapping with continued chip overhang and trading volatility.

(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.)