On September 30, DELTON declined 3.52% in regular trading, trading at 121.0 HKD/share, with turnover of approximately 86.56 million HKD.

On the news front, the company announced on the evening of September 29 a proposal to simultaneously launch A-share and H-share equity incentive plans, involving up to approximately 18 million shares/options in total, representing about 3.8% of total share capital. Specifically, the A-share plan covers 10.0273 million stock options and 3.3727 million restricted shares, while the H-share plan involves up to 4.6 million incentive shares targeting 653 core employees. The potential share dilution has triggered cautious market sentiment.

Meanwhile, multiple institutional holders have recently trimmed their H-share positions. Value Partners sold 130,700 shares at approximately 116.70 HKD each, lowering its stake to 6.88%. Barclays PLC reduced its long position to 4.24%, UBS Group AG cut its stake from 14.07% to 13.47%, and Fuguo Fund's holding fell below 5% to 4.95%. These moves come on the heels of shareholder approval for a convertible bond issuance and a general H-share placement mandate, compounding dilution fears.

(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.)