On July 5, Ge Longhui｜Suteng Juchuang (2498.HK) experienced a sharp drop today, with a drop of 64% to HKD 18.34 at one point, hitting a new low since its listing, and plunging 86% from the highest listing price of HKD 137.5 on June 11. Suteng Juchuang was listed on January 5 this year. The six-month lock-up period expired this morning, with more than 18.16 million shares being unlocked, accounting for 4.04% of the total issued shares, involving HKD 0.926 billion. The company is mainly engaged in the development, production and sales of Lidar products for advanced driver assistance systems (ADAS) applications, robots and other non-automotive industries (such as cleaning, logistics, industry, public services and inspection), and also provides Lidar perception solutions, technology development and other services.
港股异动丨速腾聚创暴跌超60%，上市半年禁售期结束
Hong Kong stocks' unusual movement: Supertrend Creative Technology's stock price fell by more than 60%, and the six-month restriction on sale period has ended.
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