On June 10, Sigen New Energy fell 3.36% in regular trading, trading at HK$368.0/share, with trading volume of HK$7.04 million.

On the news front, the company previously fully exercised its over-allotment option, issuing 2.036 million new H shares at HK$324.20/share, expanding total issued share capital to 141,768,341 shares. The price stabilization period ended on May 13, with underwriters no longer providing price support. Selling pressure from the newly circulating shares continues to weigh on the stock. Since early June, the stock has declined from approximately HK$467 to current levels as the market digests additional supply.

Meanwhile, the Electrical Components and Equipment sector is broadly under pressure today. Among sector peers, TIME INTERCON fell 8.02%, CATL fell 1.88%, and JLMAG fell 1.74%, with the sector failing to generate upward momentum, further dragging on individual stock performance.

(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.)