On July 28, DONGYUE GROUP fell 5.31% in regular trading, trading at 11.77 HKD/share, with turnover of 111 million HKD. The Specialty Chemicals sector was broadly weak, with Ganfeng Lithium down 5.05%, Tianqi Lithium down 2.94%, Huabao International down 2.0%, Sanvo Chemicals down 1.88%, and Global New Materials International down 1.22%.

The stock has been under sustained selling pressure since a classic sell-the-news reaction following its July 9 positive profit alert, which projected H1 net profit growth exceeding 31% year-over-year driven by higher product prices. Sentiment was further dampened by the withdrawal of its associate Future Materials' STAR Market IPO application on June 30. The share price has corrected sharply from its June high above 22 HKD, when it had rallied nearly 90% year-to-date on surging refrigerant prices and favorable quota policies.

(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.)