On June 22, SENASIC declined 6.89% in regular trading, trading at 30.88 HKD/share, with turnover of approximately 25.37 million HKD. The stock has been retreating consecutively since its blockbuster debut on June 17.

SENASIC listed on the Hong Kong Stock Exchange on June 17 with an offer price of 18.36 HKD per share, raising approximately 912.5 million HKD in net proceeds. The IPO attracted extreme market enthusiasm, with public subscription reaching over 5,144 times oversubscription. On its first trading day, shares surged 127.12% to close at 41.70 HKD, pushing market capitalization above 15 billion HKD. However, since that peak, the stock has entered a sustained correction, now more than 25% below its first-day closing price while still maintaining a premium of approximately 68% above the IPO price. The pullback reflects typical post-IPO profit-taking following an overheated debut fueled by speculative demand.

SENASIC has been deeply engaged in the Physical AI edge sensing and computing field for over a decade, specializing in high-performance chip R&D, design, and sales. The company has built three core product lines covering smart battery cell chips, smart tire chips, and smart general sensing chips, with applications spanning energy storage, automotive, industrial electronics, and robotics.

(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.)