On June 2, Han's CNC (03200.HK) declined 3.22% in regular trading, trading at 169.4 HKD/share, with trading volume of 36.45 million HKD.

On the news front, the stock continues to face selling pressure from multiple institutional shareholders. According to HKEX disclosure data, Morgan Stanley reduced its holdings in Han's CNC on May 19, selling 118,100 shares at approximately 164.39 HKD per share, involving approximately 19.41 million HKD, with its stake dropping to 7.94%. Additionally, Schroders PLC also reduced its position on May 7, selling 198,200 shares worth approximately 28.12 million HKD. The Morgan Stanley selloff has weighed on the stock for consecutive trading sessions since its disclosure, with single-day declines previously exceeding 6%.

Furthermore, the stock had rallied significantly on the back of AI computing power-driven PCB equipment high-prosperity logic, with a single-day gain exceeding 18% in the prior trading session. The combination of short-term profit-taking pressure and successive institutional reductions continues to sustain market selling pressure.

(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.)