Movement Alert|HANS CNC Falls 5.7% in Regular Trading, Sustained Institutional Selling Weighs on Shares

Market Focus
Sep 28

On September 28, HANS CNC fell 5.7% in regular trading, trading at 97.65 HKD/share, with turnover of approximately 39.57 million HKD. The decline came amid persistent institutional capital outflows exerting significant pressure on the stock.

On the institutional front, Schroders PLC sold 312,300 H-shares on September 23 at an average price of 109.47 HKD per share, totaling approximately 34.19 million HKD. Following the transaction, Schroders' long position dropped from 16.14% to 15.6%. Meanwhile, on the A-share side, net main capital outflows reached 150 million yuan on September 24, while southbound funds recorded cumulative net selling of 630,100 shares over the most recent five trading days. The company's A-shares also declined 5.24% on September 24, closing at 243.52 yuan, reflecting broad weakness across both listings.

Within the Industrial Machinery sector, the overall tone remained subdued. Among peers, TECHTRONIC IND fell 1.18%, UBTECH ROBOTICS fell 2.28%, HUAYAN ROBOTICS fell 5.28%, ROBOTPHOENIX rose 1.26%, and SANHUA fell 0.57%.

(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.)

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