On June 8, Jitai Tech-P declined 8.18% in regular trading, trading at 13.26 HKD/share, with trading volume of approximately 10.78 million HKD. The stock has retreated significantly from its IPO debut high after surging 173% on its first trading day on May 13.

On the news front, the company announced on June 5 that the over-allotment option was fully exercised, involving 30.184 million H shares issued at the IPO price of 10.50 HKD per share, with these shares expected to commence trading on June 10. Concurrently, the price stabilization period officially ended on June 7, removing the mechanism that had previously supported the stock price. The combination of incremental share supply and the withdrawal of stabilization support has intensified selling pressure. Additionally, certain international placement shares carry no lock-up period, further exacerbating profit-taking activity as the post-IPO enthusiasm continues to fade.

(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.)