Movement Alert|CCTC Intraday Decline 3.46%, Over-Allotment Shares Officially Listed Increasing Circulating Supply

Market Focus
08/10

On August 10, CCTC fell 3.46% in regular trading, trading at 103.5 HKD/share, with turnover of approximately 92.90 million HKD.

On the news front, the company previously announced that the sole overall coordinator partially exercised the over-allotment option on August 5, involving 8,856,900 H shares issued at 100.30 HKD per share. These over-allotment shares officially commenced trading on the Hong Kong Stock Exchange Main Board on August 10, directly increasing H-share circulating supply. Additionally, the global offering stabilization price period ended on August 5, meaning the stabilization price operator no longer provides price support. During the stabilization period, the operator had purchased 1,847,700 H shares at prices ranging from 86.05 to 100.30 HKD per share. The withdrawal of price stabilization support, combined with the formal listing of newly issued shares, concentrated short-term supply pressure, extending the stock's prior downward trend.

(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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