Movement Alert|LUXSHARE ICT Falls 3.3% in Regular Trading, Bank of New York Mellon Slashes H-Share Long Position by 6.64 Percentage Points

Market Focus
08/13

On August 13, LUXSHARE ICT fell 3.3% in regular trading, trading at HK$61.55/share, with turnover of HK$125 million. The stock retreated below its IPO price of HK$63.28 after briefly recovering above that level the prior session.

On the news front, Hong Kong Exchange filings disclosed on August 12 revealed that The Bank of New York Mellon Corporation drastically reduced its long position in LUXSHARE ICT H-shares from 7.78% to 1.14% as of August 7, a decline of 6.64 percentage points. Separately, share transfers totaling HK$992 million (4.03% of market capitalization) were recorded moving out of Goldman Sachs (Asia) Securities, involving 14.07 million shares. These institutional position reductions compound earlier supply-side pressure from the company's partial exercise of over-allotment options, which added 12.54 million new H-shares to circulation on August 10.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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