On July 6, Unisound (09678.HK) fell 5.59% in regular trading, trading at HK$71.35 per share, with turnover of approximately HK$26.21 million.

The decline reflects the fading of a short-lived technical rebound following the massive lock-up expiry selloff. On June 30, marking the one-year anniversary of the company's Hong Kong listing, over 40 million previously restricted shares entered free circulation, triggering a single-day plunge of 41%. While the stock rebounded approximately 14% cumulatively on July 2 and 3 — supported by news of a RMB 253 million contract for an AI Chip Innovation Headquarters in Hangzhou and strong reception of its U2 large language model — selling pressure from undigested unlock shares has re-emerged, erasing gains. The broader AI application software sector also weighed on sentiment, with 51World down 6.35% and Phancy down 2.46%.

(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.)