On August 26, BLOKS rose 5.01% in regular trading, trading at HK$78.15/share, with turnover of HK$11.46 million. The stock rebounded after a 5.06% decline on August 24, which was attributed to gross margin pressure and new consumer sector weakness.

The rebound comes amid sustained institutional confidence. Multiple brokerages recently maintained buy-equivalent ratings following the company's H1 results, with Citi raising its target to HK$82, CICC maintaining HK$90, Jefferies at HK$79, and Guoxin Securities maintaining an outperform rating. Southbound funds have been consistent buyers, accumulating a net 4.57 million shares over the prior 20 trading days with buying activity on 17 of those days. The company reported H1 revenue of RMB 1.776 billion, up 32.7% year-over-year, and net profit of RMB 387 million, up 30.5%, with overseas revenue surging 228.5% to RMB 366 million. The upcoming ex-dividend date of September 4 for the company's first-ever interim dividend of HK$0.3247 per share may also be providing near-term support.

(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.)