8月11日，明略科技-W盘中下跌5.23%，报44.98港元/股，成交额5464.58万港元。
消息面上，公司7月31日迎来占总股本85.4%的限售股集中解禁，对应市值约319亿港元，巨量筹码结构调整压力尚未充分出清。同时，公司此前宣布以8.59亿元收购A股普联软件19.07%股权，并将IPO募资中4.5亿元从技术研发重新分配至并购用途，港股市场对此持续反应负面。公司2025年净亏损达64.13亿元，在大额亏损背景下挪用募资进行扩张性收购，加剧了市场对现金消耗的担忧。当前股价较IPO发行价141港元已下跌超60%，解禁后潜在抛压叠加并购争议持续拖累估值修复节奏。
（以上内容均基于市场公开消息，由程序或算法智能生成，仅作为股价异动提醒，不作为投资建议或交易依据。）
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