On June 15, Mingming Henmang (01768.HK) fell 3.4% in regular trading, trading at 363.8 HKD/share, with turnover of approximately 54.72 million HKD.

On the news front, after the company was officially included in the Hang Seng Composite Index and Stock Connect on June 8, the stock rallied for four consecutive trading days with a cumulative gain exceeding 15%, briefly reaching approximately 380 HKD. The rapid short-term appreciation has intensified profit-taking pressure among investors. Additionally, the stock's short-selling ratio stood at 40.06%, the highest among food and beverage sector peers, with a deviation rate of 229.72%, indicating concentrated bearish positioning continuing to weigh on the share price.

Despite the near-term selling pressure, multiple institutions have recently issued bullish coverage. Citigroup initiated with a Buy rating and a target price of 439.6 HKD, CICC maintains a target price of 530 HKD, and Huatai Securities maintains a Buy rating citing the company's potential to achieve its full-year target of 5,000 new store openings.

(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.)