LUXSHARE ICT

Luxshare ICT opened lower and trended downward in the morning session, dropping from an intraday high of HK$62.150 to HK$59.650, a decline of 5.7%, with 338,523 shares traded and a turnover rate of 0.17%. The sell-off was driven by sustained profit-taking since its listing, as the stock has pulled back 6.8% from its 52-week high of HK$64, now trading at HK$59.65, slightly below its 20-day moving average of HK$59.782. However, Q1 2026 revenue surged 43.7% YoY to HK$95.1 billion, and net profit rose 27.3%, supporting the fundamentals. BOCI initiated coverage with a Buy rating and a target price of HK$78.3, while Goldman Sachs' increased stake further boosted confidence, limiting the day's downside.

Luxshare Precision (2475.HK) closed up 5.0% at HK$62.0 today, driven by Goldman Sachs' stake increase and bank loan support. The stock staged a V-shaped recovery, hitting an intraday low of HK$58.45 in the morning session before rebounding on CPO sector momentum to reach a high of HK$62.90 in the afternoon, closing near the session peak. Q1 2026 revenue climbed 43.73% YoY to HK$95.1 billion, net profit rose 27.29% to HK$4.15 billion, and EPS grew 23.5% to HK$0.5555, though net profit margin remained thin at 4.36%. At HK$62, the stock sits just 3.13% below its 52-week high of HK$64, above the 20-day MA of HK$59.53, with a YTD decline of -0.48%. However, today's volume of 4.99 million shares and turnover of over HK$3 billion remain below IPO-period activity, suggesting cautious market sentiment.

Luxshare Precision surged 5.22% in the afternoon session to close at HK$59.45, after the CPO concept staged a rebound from recent corrections and Goldman Sachs raised holdings to boost confidence. The stock hit an intraday low of HK$56.55 in the morning session, a new low since late April, before rallying on volume in the afternoon to touch HK$59.45 near the close. The company reported Q1 revenue of HK$95.1 billion (+43.73% YoY), net profit of HK$4.15 billion (+27.29% YoY), and EPS of HK$0.5555 (+23.5% YoY), maintaining a solid growth trajectory. The current price is 7.11% below the 52-week high of HK$64 but has reclaimed the MA20 (HK$59.314) and MA60 (HK$59.314), though YTD remains down 4.57%. However, the stock has been volatile since its listing, having hit an all-time high on July 9 before quickly sliding to a 52-week low of HK$50.95 on July 19, leaving the sustainability of today's rebound uncertain.

Luxshare Precision staged a sharp rebound today, opening at HK$52.80 then rallying to an intraday high of HK$58.50 in the afternoon session, closing at HK$58.05, up 11.2% from the previous close of HK$52.20. The move was driven by a CPO (co-packaged optics) theme recovery and Goldman Sachs' increased holdings. Q1 2026 revenue surged 43.73% YoY to HK$95.1 billion, net profit rose 27.29% to HK$4.15 billion, and EPS grew 23.5% to HK$0.5555. Despite this strong fundamental backdrop, the stock remains below its 20-day moving average of HK$59.62 and 9.3% below the 52-week high of HK$64. However, the stock has fallen 6.82% YTD, and the intraday low of HK$52.05 highlights lingering volatility.

Luxshare Precision (2475.HK) gapped down in the morning session and fell through the IPO price, closing 5.5% lower at HK$56.7, with the intraday range from HK$59.8 to HK$56.7 — a new all-time low. The stock initially opened 2.5% higher at HK$59.8 before succumbing to heavy selling pressure. Now in its second day of trading after hitting a record high of HK$64 on 15 July, the current price is 11.4% below that 52-week peak and has broken below both the 20-day (HK$61.37) and 60-day (HK$61.37) moving averages. However, fundamentals remain supportive: Q1 2026 revenue surged 43.73% YoY to HK$95.1 billion and net profit rose 27.29% YoY to HK$4.15 billion, though the net profit margin stands at a slender 4.36%.