Movement Alert|Lightelligence-P Rises 9.24% in Regular Trading, Optical Communication Sector Rallies as Stabilization Period Selling Pressure Digested

Market Focus
06/03

On June 3, Lightelligence-P rose 9.24% in regular trading, trading at 678.0 HKD/share, with trading volume of approximately 42.54 million HKD.

On the news front, the rise was primarily driven by a broad rally in Hong Kong-listed optical communication concept stocks. Within the same sector, Cambridge Technology and YOFC both surged over 5%, while Hongten Precision gained over 3%, reflecting significant sector linkage effects.

Additionally, the company previously announced that the stabilization period for its global offering ended on May 23, with the overall coordinator having fully exercised the over-allotment option involving approximately 2.07 million H shares. Notably, the stabilization agent did not buy or sell any H shares during the entire stabilization period. After multiple trading sessions of concentrated selling following the loss of this potential price support factor, market selling pressure has been progressively digested, contributing to the ongoing rebound.

(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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