On August 24, DONGYUE GROUP fell 6.21% in regular trading, trading at 12.6 HKD/share, with turnover of approximately 65.79 million HKD.
The decline reflects a classic sell-the-news pattern following the company's strong interim results released on August 20. The report showed net profit attributable to shareholders of RMB 1.027 billion, up 31.80% year-over-year, with revenue of RMB 8.06 billion (up 7.99%) and gross margin expanding sharply from 29.11% to 37.18%. While the stock initially rallied over 5% on August 21, southbound capital data revealed net selling of 8.7952 million shares that same day, signaling institutional profit-taking. Notably, a similar reversal occurred in July when the stock dropped over 7% following the company's positive profit alert, establishing a recurring pattern of post-catalyst pullbacks for the name.
(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.)