On July 6, Estun Automation (02715.HK) declined 5.25% in regular trading, trading at HK$24.18/share, with turnover of HK$294 million. The stock came under selling pressure during the morning session after a large block trade of 346,800 shares was executed at HK$24.5, involving approximately HK$8.50 million in capital, triggering broader market selling momentum.

The pullback follows a remarkable rally of nearly 46% accumulated in the prior week. The surge was driven by multiple catalysts including the company's planned all-cash acquisition of Estun Codroid Technology to gain full ownership of the embodied intelligence robot maker, Morgan Stanley's upward revision of humanoid robot shipment forecasts to 50,000 units, and broader sector enthusiasm that saw A-shares hit the daily limit three times in four trading days. The rapid appreciation generated significant unrealized gains among short-term holders.

The current decline is widely viewed as a natural release of selling pressure following the accelerated rally, as profit-taking activity intensifies. Within the Industrial Machinery sector, peers also traded lower, with UBTECH Robotics down 7.07%, Dobot down 6.37%, and Sanhua down 3.43%.

(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.)