On June 26, Lead Intelligent (00470.HK) declined 3.58% in regular trading, trading at 31.74 HKD/share, with turnover of approximately 15.43 million HKD. The stock has now fallen over 30% below its IPO price of 45.8 HKD.

On the news front, JPMorgan Chase reduced its position by approximately 1.36 million shares on June 16 at an average price of 42.67 HKD, lowering its stake from 8.17% to 6.91%. Meanwhile, A-share main capital has continued sustained large net outflows, with 357 million yuan in net selling recorded on June 23 alone.

The stock had surged approximately 16% on June 16 following its inclusion in the CSI 300 Index, but profit-taking quickly emerged, triggering consecutive session declines to fresh lows. Broader market style rotation toward AI concepts has drained liquidity from the lithium battery equipment sector, while industry headwinds including power battery overcapacity and equipment price wars continue to weigh on valuations.

(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.)