On May 26, DiPu Technology rose 7.06% in regular trading, trading at HK$59.5/share, with trading volume of approximately HK$155 million.

On the news front, the company previously announced a placement of 7.942 million new H shares at HK$50.58 per share, representing a discount of approximately 19.78% to the then-closing price of HK$63.05, with estimated net proceeds of approximately HK$395 million. The announcement initially triggered a sharp selloff exceeding 14% on May 21.

Following the concentrated selling pressure, the stock has staged a sustained recovery above the placement price as funds gradually return after the short-term oversold condition. Approximately 70% of the proceeds are designated for overseas market expansion and localization capabilities, approximately 20% for strategic investments and acquisitions, and approximately 10% for supplementing working capital, providing medium-to-long-term growth support. The company had previously rallied for three consecutive sessions after being selected for the Forbes China AI Technology Enterprise TOP 50 list before the placement announcement triggered profit-taking and dilution concerns.

(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.)