On June 26, Mingming Henmang (01768.HK) declined 3.12% in regular trading, trading at 297.2 HKD/share, with turnover of HKD 5.35 million.

The stock has been under sustained selling pressure since its inclusion in the Hang Seng Composite Index and Stock Connect on June 8. The inclusion initially triggered a four-day rally with cumulative gains exceeding 15%, pushing shares to approximately 380 HKD. Since then, the stock has been in a persistent pullback as profit-taking extends. The latest data shows the short-selling ratio reached 52.84%, ranking first in the food and beverage sector with a deviation of 171.29%, indicating persistent bearish pressure. Additionally, post-inclusion average daily turnover has only marginally increased to HKD 170 million, significantly mismatched with the company's large-cap status. Combined with upcoming cornerstone investor lock-up expiry, downside risks remain elevated.

(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.)