On June 18, Mingming Henmang declined 3.35% in regular trading, trading at 329.0 HKD/share, with turnover of approximately 46.52 million HKD.

On the news front, the stock has been under sustained selling pressure following its formal inclusion in the Hang Seng Composite Index and Stock Connect on June 8. After inclusion, the stock rallied for four consecutive sessions with a cumulative gain exceeding 15%, reaching approximately 380 HKD. Since then, profit-taking has dominated price action for multiple sessions. Data shows the stock's short-selling ratio stands at 40.06%, the highest in the food and beverage sector, with a deviation of 229.72%, indicating persistent bearish pressure from short sellers.

Despite multiple brokerages including CITIC Construction Investment, Huaxing Securities, and Huaxi Securities maintaining Buy ratings — citing the company's supply chain moat, better-than-expected store expansion, and Davis Double Click thesis — short-term technical selling pressure continues to override fundamental support.

(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.)