On July 2, Lens Technology fell 6.08% in regular trading, trading at 26.92 HKD/share, with turnover of approximately 230 million HKD.

On the news front, the electronic components sector suffered a broad selloff, with KB Laminates down 10.79%, Shenghong Technology down 11.16%, and Kingboard Holdings down 7.04%. Goldman Sachs cut its global smartphone shipment forecast by 4% to 1.14 billion units, widening the year-over-year decline to -10%. Additionally, Apple announced price hikes of 15%-25% across MacBook and iPad product lines due to surging chip costs, raising concerns that terminal price increases will further suppress consumer demand and weigh on the entire supply chain.

The stock had surged over 6% in the prior trading session, intensifying short-term profit-taking pressure. With the company reporting a net loss of approximately 150 million RMB in Q1 amid foreign exchange headwinds and weakening handset orders, the broader demand downgrade further clouds the near-term earnings outlook.

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