On June 25, Mingming Henmang fell 3.14% in regular trading, trading at 309.0 HKD/share, with turnover of 327.68 million HKD.

On the news front, the stock has been under sustained selling pressure following its inclusion in the Hang Seng Composite Index and Stock Connect on June 8. After rallying over 15% across four consecutive sessions to approximately 380 HKD, the stock has entered an extended pullback phase as profit-taking intensifies.

The latest data shows the stock's short selling ratio has surged to 52.84%, ranking first among food and beverage sector peers, with a deviation rate of 171.29%, indicating persistent bearish pressure. Additionally, the company's liquidity remains severely mismatched with its large-cap classification — post-inclusion average daily turnover has only marginally increased to 170 million HKD. Upcoming cornerstone investor lock-up expiry further compounds downside risk, as the thin order book may struggle to absorb potential selling.

(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.)