On July 30, HANS CNC fell 5.02% in regular trading, trading at 89.7 HKD/share, with turnover of approximately 19.10 million HKD.
The decline extends a prolonged correction that began after the company's strong earnings pre-announcement was fully priced in around July 10. HANS CNC previously issued a profit alert forecasting H1 net profit of RMB 9-10 billion, representing year-over-year growth of 242% to 280%, driven by surging demand for AI PCB-related solutions. The stock peaked near 157 HKD following the announcement but has since fallen over 42% as the positive catalyst was absorbed.
On the institutional front, GIC Private Limited reduced its holdings by 181,900 shares in mid-July at approximately 109.09 HKD per share, lowering its stake from 13.08% to 12.77%. Additionally, the A/H premium deviation previously reached 72.79%, creating sustained valuation correction pressure on the H-share. Bearish sentiment shows no clear signs of abating as selling pressure continues to dominate.
(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.)