On August 21, ILUVATAR COREX rose 3.61% in regular trading, trading at 398.2 HKD/share, with turnover of 36.878 million HKD. The stock extended its rebound after consecutive sessions of heavy selling that accumulated approximately 20% in losses.

On the news front, the company announced on August 20 a proposal to issue 2 bonus shares for every 1 share held via capital reserves, expanding total issued shares from 269 million to 808 million. Additionally, the HKEX Technology 100 Index optimization plan and Hang Seng Tech Index revision are providing dual catalysts, with multiple institutions estimating that ILUVATAR COREX could be included in the Hang Seng Tech Index market-cap group, potentially attracting significant passive fund inflows upon expansion.

It is worth noting that the company completed an approximately 7 billion HKD placement at a discount in mid-July, and its mid-year profit turnaround of 60 million to 140 million RMB was primarily driven by 7.3-7.9 billion RMB in unrealized fair value gains on financial assets rather than core business improvement.

(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.)