On July 8, Anker Innovations (00668.HK) declined 3.02% in regular trading, trading at HK$103.4/share, with turnover of HK$25.95 million. The stock gave back gains from the previous session, when it had surged over 9% in the afternoon.

Since completing its A+H listing on July 2, the stock has faced sustained selling pressure driven by multiple headwinds. The company previously initiated a global recall of 2.27 million power banks due to product quality issues, while operating cash flow plunged 82.5% year-over-year. During the IPO, international placement received only 10.24x subscription, reflecting relatively tepid institutional appetite. Post-listing selling pressure has continued to weigh on the share price, which has now pulled back significantly from the first-day high of HK$114.9.

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