On June 5, Nobican rose 7.67% in regular trading, reaching 17.85 HKD/share before pulling back to 17.57 HKD, with trading volume of approximately 233 million HKD. This marks the third consecutive trading day of gains.

On the news front, the stock had plunged over 80% from its high of 83.2 HKD after being included in Stock Connect on April 20, as profit-taking pressure and market skepticism surrounding post-inclusion selling patterns weighed heavily on shares. The recent three-day rally represents an oversold bounce following that extreme selloff. Notably, the company has only approximately 30 million shares in actual free float, resulting in exceptionally high daily turnover rates. This low-float structure amplified the prior decline and is now intensifying upside price volatility during the rebound phase.

Within the Electronic Equipment and Instruments sector, peers broadly declined today, with ROBOSENSE down 0.64%, Wasion Holdings down 3.45%, Q Tech down 1.39%, and GPIXEL down 2.15%, while PAX Global rose 2.9%. Nobican's movement remains clearly independent from the broader sector trend.

(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.)