On June 10, Lens Technology fell 3.17% in regular trading, trading at 24.28 HKD/share, with trading volume of 29.9173 million HKD, extending its recent weak adjustment pattern.

On the news front, the company previously announced plans to acquire a 27.81% stake in Giant International at 2.20 HKD per share, involving approximately 734 million HKD and triggering a mandatory unconditional cash offer. Recently, the two parties issued a joint announcement delaying the dispatch of the composite document related to the acquisition, intensifying market concerns over transaction uncertainty. Additionally, the company reported Q1 revenue of approximately 14.14 billion RMB, down 17.13% year-over-year, with a net loss attributable to shareholders of approximately 150 million RMB, swinging from profit to loss. The combination of weakened fundamentals and acquisition-related capital pressure has driven continued net outflows from institutional investors.

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