On August 5, CFMEE fell 5.29% at open, trading at 294.8 HKD/share, with turnover of HKD 5.10 million.
On the news front, Norwegian sovereign wealth fund Norges Bank has been consecutively reducing its H-share holdings, selling 113,100 shares on July 24 at approximately 303.91 HKD per share, following an earlier disposal of 170,000 shares on July 3, bringing its stake down to 8.61%. Additionally, the company's A-shares recorded a block trade on July 31 at a steep 26.21% discount to the closing price of 325.23 CNY, signaling notable institutional selling pressure. The stock had surged 16% in the previous trading session, driven by AI computing power-fueled PCB demand and pricing momentum, which intensified short-term profit-taking as holders moved to lock in gains. The combination of sustained institutional reduction and aggressive profit realization continues to weigh on market confidence.
(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.)