On June 29, Phancy Group rose 5.36% in regular trading, trading at HK$25.28/share, with turnover of HK$52.82 million.

On the news front, the AI application software sector staged a collective rebound following significant corrections last week, with Horizon Robot up 15.24%, Kingdee International up 8.63%, and SenseTime up 4.69%, indicating a notable recovery in sector sentiment. Additionally, the company held an extraordinary general meeting on June 26 to vote on its proposed A-share listing on the Shenzhen ChiNext Market, advancing its A+H dual-platform strategy and boosting market confidence.

Supporting the positive sentiment, CICC recently maintained its outperform rating with a target price of HK$40. The trustee under the restricted share unit plan has also accumulated 120,000 H shares purchased on the open market since June 18, signaling management confidence in the company's long-term value as a leading AI full-stack cloud platform in China.

(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.)