On May 28, Fuyao Glass (03606.HK) fell 3.03% in regular trading, trading at HKD 54.5/share, with trading volume of HKD 21.46 million.

On the news front, the company's Q1 report revealed attributable net profit of RMB 1.712 billion, down 15.68% year-over-year, while non-recurring net profit declined 17.32%. Although revenue grew 5.08% to RMB 10.413 billion, profitability came under notable pressure with gross margin falling to 37.38%. Additionally, institutional capital continued to flow out, with a net outflow of RMB 118 million last week, while the A-share price touched a near one-year low. Market participants have also flagged concern over the upcoming interim report, given Q2 last year posted RMB 2.8 billion in net profit, creating a high base-period comparison.

Within the Auto Parts and Equipment sector, broad weakness persisted on the same day. Among peers, Joyson Electronics fell 6.27%, Nexteer declined 5.90%, PATEO dropped 5.13%, Johnson Electric fell 4.17%, and Hesai Technology lost 4.01%.

(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.)