On May 21, Lens Technology (06613.HK) rose 3.75% in regular trading, trading at HK$21.0/share, with trading volume of approximately HK$71.09 million.

The rebound comes after the stock experienced a cumulative decline of over 8% across two consecutive sessions following its announcement to acquire 27.81% of Ju Teng International for HK$734 million at HK$2.20 per share, with plans to launch a mandatory general offer seeking over 50% voting control. Market participants had been divided over the large cash outlay and the target's persistent losses, while prior gains exceeding 10% — driven by foldable screen catalysts and broker upgrades on May 18 — amplified profit-taking pressure.

The electronic components sector strengthened broadly, with FIT Hon Teng up 2.21%, Sunny Optical up 2.55%, and VGT up 3.53%, providing supportive sector-level momentum that attracted capital back into Lens Technology.

(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.)