On July 29, LENS fell 3.26% in regular trading, trading at HKD 20.76, with turnover of HKD 141 million, extending its recent correction trend.

On the news front, the previously announced cooperation memorandum with Intel on TGV advanced packaging has been largely priced in. The company explicitly cautioned that the MOU may not lead to any formal agreement, and the TGV business has not yet had a material impact on operating results. Meanwhile, the company disclosed on July 28 that the actual controller's share increase plan has passed its halfway mark with zero purchases executed, citing restricted trading windows related to stock incentive plans, interim results disclosure, and M&A activities. This has weighed on market confidence.

Additionally, LENS reported Q1 revenue declining 17.13% year-over-year with net profit turning to a loss, indicating fundamental recovery remains distant. Short-selling pressure is also notable, with the stock's short ratio reaching 15.45% among Hong Kong-listed peers. The broader Electronic Components sector continued to face selling pressure, with KB LAMINATES down 7.53%, VGT down 11.26%, and KINGBOARD HLDG down 6.44%.

(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.)