On July 2, Lingyi iTech fell 4.31% in regular trading, trading at HK$10.64 per share, with turnover of HK$204 million. The decline was primarily driven by broad-based weakness across the electronic components sector.

Multiple industry peers saw significant losses during the session, with KB Laminates down 11.5%, VGT (Shenghong Technology) down 10.42%, Kingboard Holdings down 8.57%, and Lens Technology down 2.58%. Sector-wide selling pressure weighed heavily on individual stocks. Lingyi iTech's H shares debuted on the Hong Kong Stock Exchange on June 26 at an IPO price of HK$10.18, breaking below the offering price on its first trading day. After experiencing a technical rebound in recent sessions, the stock retreated in tandem with the broader sector selloff. Additionally, the company reported Q1 revenue growth of 9.99% year-over-year but a 30.7% decline in net profit, as financial expenses surged 532% and R&D spending rose 33%, reflecting short-term margin pressure.

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