On June 4, Cambridge Technology (06166.HK) declined 5.07% in regular trading, trading at HKD 137.1/share, with trading volume of HKD 848 million. The stock faced significant selling pressure from consecutive large block transactions during the session.

On the news front, the stock saw two major sell orders during trading hours — one involving 74,800 shares and another involving 84,400 shares, both executed at HKD 138.0, totaling approximately HKD 21.97 million. The concentrated institutional-level selling exerted direct downward pressure on the share price. Additionally, the company was recently added to Hong Kong's short-selling eligible list, and its May 28 placement of 15.6 million new H-shares at HKD 126.66 (an 8.88% discount to the prevailing price, raising approximately HKD 1.967 billion net) continues to weigh on sentiment as the market digests the dilution effect.

Despite the short-term technical pressure, the company reported Q1 revenue of RMB 1.287 billion (up 43.98% YoY) and net profit of RMB 118 million (up 276.44% YoY), with 800G silicon photonic modules in volume shipment and 1.6T products entering mass production.

(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.)