On October 9, KINWONG fell 3.2% in regular trading, trading at 72.65 HKD/share, with Turnover of 572.74 million HKD.

Profit-taking pressure continued after the company's H-shares were added to the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs effective September 29. The stock had rallied following its debut at an offer price of 69.88 HKD, closing at 78.40 HKD on October 7, representing a cumulative gain of over 12%. The current decline partly reflects the concentrated realization of short-term gains.

Within the Electronic Components sector where KINWONG belongs, KB Laminates fell 3.53%, Kingboard Holdings fell 4.68%, VGT fell 4.59%, Luxshare ICT fell 3.35%, and CCTC fell 5.23%.

KINWONG is a Chinese company principally engaged in the research, development, production and sales of printed circuit boards (PCBs). Its products include multilayer boards, high-density interconnect boards, high multilayer boards, flexible printed circuit boards, metal-based printed circuit boards and rigid-flex boards. These products are applied in fields such as automotive electronics, communications and data infrastructure, smart terminals, industrial control and medical equipment. The company conducts its business in domestic and international markets.

(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.)