On May 26, Hans CNC fell 3.3% in regular trading, trading at HKD 178.2 per share with trading volume of HKD 102 million. The decline was triggered by the disclosure that Morgan Stanley reduced its stake in the company by 118,100 shares on May 19 at approximately HKD 164.39 per share, totaling roughly HKD 19.41 million.

Following the disposal, Morgan Stanley's holding dropped to approximately 4.61 million shares, representing a 7.94% stake. As a significant institutional shareholder, the sell-down has raised market concerns over near-term selling pressure. The stock had previously rallied strongly on the back of AI computing infrastructure demand driving PCB equipment sector momentum, with the A-share counterpart surging 11.37% on May 21. The combination of short-term profit-taking and institutional divestment weighed on sentiment.

(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.)