Movement Alert|BUSYMING Falls 3.58% in Regular Trading, Profit-Taking Pressure Persists After Nearly 20% Rally

Market Focus
08/04

On August 4, BUSYMING declined 3.58% in regular trading, trading at 369.8 HKD/share, with turnover of 9.9778 million HKD. The stock extended its pullback as profit-taking continued following a nearly 20% rebound from the 335.6 HKD low.

The decline comes as the stock approached the lower bound of the fair value range set by Guosen Securities, which initiated coverage on July 30 with an \"Outperform\" rating and a target range of 407.6-452.8 HKD — the most conservative among recent institutional targets. Macquarie maintains an \"Outperform\" rating with a 592 HKD target, while Guotai Haitong has set a 517 HKD target. Trading volume has continued to shrink, signaling weakening rebound momentum and sustained short-term selling pressure from investors locking in gains accumulated during the prior rally.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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