On May 27, Hans CNC fell 3.01% in regular trading, trading at 188.5 HKD/share, with trading volume of 36.18 million HKD. The decline extends selling pressure triggered by Morgan Stanley's recent stake reduction.

According to HKEX disclosure data, Morgan Stanley sold 118,100 shares of Hans CNC on May 19 at approximately 164.39 HKD per share, involving approximately 19.41 million HKD. Following the reduction, Morgan Stanley's stake fell to 7.94%. The news had already sparked significant selling in the previous session, when the stock dropped over 6% intraday.

Additionally, the stock had rallied sharply in prior weeks on AI computing power-driven PCB equipment demand, with the A-share counterpart surging 11.37% on May 21. Accumulated short-term profit-taking pressure, combined with the institutional reduction, continues to suppress sentiment. Despite strong Q1 results showing revenue growth of 104% and net profit growth of 177% year-over-year, the stock remains under near-term technical pressure.

(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.)