HK Stock Market Move | BAYZED HEALTH (02609) fell more than 4% at one point, hitting a new low since listing. Today marks the lifting of cornerstone investor restrictions.

BAYZED HEALTH (02609) fell more than 4% in early trading this morning, hitting a new historical low of 4.11 Hong Kong dollars and dropping below the IPO price of 4.22 Hong Kong dollars. As of the end of trading, it was down 2.56% to 4.19 Hong Kong dollars, with a trading volume of 10.732 million Hong Kong dollars. On the news front, on December 24th, BAYZED HEALTH saw the lifting of its cornerstone investor lock-up period. According to a previous announcement by the company, the cornerstone investor Harvest Oriental SP must adhere to a lock-up commitment until December 23, 2025, with approximately 35.3178 million shares being unlocked. In the first half of this year, BAYZED HEALTH achieved revenue of 575 million yuan, a year-on-year increase of about 0.7%; adjusted net profit was 9.4 million yuan, a year-on-year increase of about 72.8%.