On May 27, Jingwei Tiandi (New) (02477.HK) fell 8.57% in regular trading, trading at HKD 0.64/share, with trading volume of HKD 231 million.

The decline represents a continuation of violent post-crash oscillation. On May 21, the stock suffered a catastrophic flash crash of 83.16%, plunging from approximately HKD 5 to HKD 0.83, with total daily turnover reaching HKD 4.625 billion and turnover rate exceeding 105%. The stock had previously surged on news of the company launching an AI computing power strategy upgrade, including GPU computing rental platforms, computing scheduling and optimization platforms, and Token aggregation APIs. However, the company was added to Stock Connect on May 6 and experienced its collapse less than 20 days later.

Since the flash crash, the stock has entered a phase of extreme volatility — rebounding 10.84% on May 22 and gaining 8.33% on May 26 — but remains firmly within the post-crash oversold range, with significant bull-bear divergence persisting among market participants.

(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.)