On June 23, Xunce (03317.HK) fell 5.36% in regular trading to HK$123.2/share, with turnover of HK$149 million.

On the news front, the stock had surged nearly 10-fold from HK$38 to HK$380 over approximately 120 trading days before profit-taking accelerated since late May, with shares already retreating over 60% from their peak. More critically, approximately 6.41 million shares held by IPO cornerstone investors are set to unlock on June 29, representing a market value of nearly HK$790 million at current prices. With only a few trading days remaining before the lockup expiry, short-term selling pressure expectations have further intensified.

Within the IT Consulting and Other Services sector, the overall tone remained weak. Among individual stocks, Wellcell H-New fell 5.0%, ChinaSoft International fell 5.26%, Microware fell 8.53%, LX Technology rose 1.65%, and Boardware Intelligence rose 16.13%.

(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.)