Anacle Systems (08353) resumed trading and fell by 31%. The stock was suspended from August 12th. On the last trading day before the suspension, the stock surged by 85% in the afternoon, ultimately rising by over 62%.
According to the financial news app, Anacle Systems (08353) resumed trading and fell by 31%. The stock was suspended from August 12th. On the last trading day before the suspension, the stock surged by 85% in the afternoon, ultimately rising by over 62%. At the time of writing, the stock is down 31.54% to HK $0.445, with a turnover of HK $0.8222 million.
Anacle Systems announced that several shareholders (who collectively hold 22.44% of the issued shares) have been approached by an independent third party concerning a possible transaction. If the transaction proceeds, it may involve a comprehensive offer for all the issued shares. Currently, there is no agreement or proposal for the possible transaction, nor is there a definite intention to make an offer in accordance with the rules of the code on takeovers and mergers.
Today, after hitting the high near 24,000 in the early session and entering bearish positions, the index fell sharply by nearly over 600 points, immediately recouping yesterday's losses significantly.
Moreover, today it broke the new high again, reaching a maximum of 24,076, but by the end of the market, it fell back by about 70 points, producing a bearish candle. The current trend has not yet been broken, but from the previous low until now, it has risen close to 6,000 points. It is believed that those with positions can continue to hold until there is a clear trend reversal for profit-taking. Those without positions can wait for a pullback to get in. Actually, it is hoped for a quick pullback, as it allows for entry and also provides a healthy breath.
Currently, the outlook remains the same as before. It is believed that even if there is a pullback, it shouldn't be too deep. However, if Futures fail to stabilize and close below 22,350, there may still be room for decline. The chance of Futures falling below 21,400 in the short term should be low, so it is considered that if a significant pullback occurs, it presents a good opportunity to incrementally go long. Recently, there has been a consistent approach to not hold positions overnight, only focusing on immediate trades, as there is no high chasing and no casual short selling.
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