On May 28, Sigre New Energy fell 3.31% in regular trading, trading at HKD 517.5 per share, with trading volume of approximately HKD 17.75 million.

On the news front, the company formally issued 2.036 million new H shares on May 18 following the full exercise of the overallotment option at an issue price of HKD 324.20 per share, increasing total issued share capital to 141,768,341 shares. The price stabilization period ended on May 13, meaning the underwriter no longer provides price support. The newly added float continues to weigh on the stock as selling pressure is gradually digested by the market.

Additionally, the Electrical Components & Equipment sector traded weak overall. Among peers, CATL fell 1.0%, ZHAOWEI declined 1.05%, and WOER slipped 0.19%, with subdued sector sentiment further suppressing rebound momentum.

(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.)