On June 25, Lead Intelligent (00470.HK) fell 3.32% in regular trading, trading at 33.48 HKD/share, with turnover of approximately 19.55 million HKD. The stock has now fallen more than 26% below its IPO price of 45.8 HKD.

The decline extends a persistent downtrend since the stock's April high. A brief 16% surge on June 16 triggered by inclusion in the CSI 300 Index was quickly reversed as profit-taking accelerated, with shares subsequently hitting fresh lows on consecutive sessions. Market-wide style rotation toward AI-related concepts has drained liquidity from the lithium battery equipment sector, compounding pressure from industry headwinds including power battery overcapacity and equipment price wars. On the A-share side, main capital has shown sustained net outflows in recent sessions. The company recently announced a cash dividend of RMB 2.87 per 10 shares with a record date of June 29, though the modest payout has done little to reverse bearish 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.)