On May 28, Hans CNC fell 4.34% in regular trading, trading at HKD 186.1 per share, with trading volume of HKD 55.62 million. The stock has declined for multiple consecutive sessions as institutional selling pressure persists.
On the news front, Hong Kong Exchange disclosure data shows that Morgan Stanley reduced its holdings in Hans CNC by 118,100 shares on May 19, at an average price of approximately HKD 164.39 per share, involving approximately HKD 19.41 million. Following the reduction, Morgan Stanley's stake fell to 7.94%. Since the disclosure, this news has weighed on the stock for several trading days, with the shares previously dropping over 6% in a single session.
Additionally, the stock had rallied significantly on AI computing power-driven PCB equipment high-prosperity expectations, accumulating substantial short-term profit-taking pressure. The combination of institutional stake reduction and profit-taking selling continues to suppress market sentiment, despite the company reporting Q1 revenue growth of 104% year-over-year and net profit surging 177%.
(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.)