On May 21, Lightelligence-P rose 3.35% in regular trading, trading at 671.0 HKD/share, with trading volume of approximately 26.05 million HKD.

On the news front, the price gain is primarily interpreted as an extension of the technical rebound following consecutive sessions of decline. The company's overall coordinator had fully exercised the over-allotment option involving approximately 2.069 million H shares, which were officially listed for trading on May 14. The newly circulated shares account for approximately 2.8% of the previously issued share capital, with a placing price of 183.20 HKD per share, raising an additional approximately 379 million HKD. The resulting supply pressure, combined with profit-taking by early-stage investors, had driven the stock price down more than 30% from its post-listing high of 1,050.0 HKD. After multiple sessions of adjustment, selling pressure has eased, and the stock began showing rebound signals from the previous trading day.

Lightelligence is a company primarily engaged in optical interconnect and optical computing, with products covering Scale-up and Scale-out optical interconnect solutions as well as the PACE series of optical computing products.

(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.)