HK Stock Market Move | JINGCHENG MAC (00187) falls nearly 10% in late trading; company says self-inspection found no undisclosed material matters.

JINGCHENG MAC (00187) fell nearly 10% in late trading. As of press time, it was down 8.94% at HK$2.495, with a turnover of HK$27.9893 million. On the news front, JINGCHENG MAC announced that the closing price of the company's A-shares rose by a cumulative deviation of more than 20% over two consecutive trading days on October 16, 2026 and October 19, 2026. According to the relevant provisions of the Shanghai Stock Exchange, this constitutes an abnormal fluctuation in stock trading. The announcement stated that neither the company nor its controlling shareholder, Jingcheng Machinery Electric, has any undisclosed matters that should be disclosed. In "JINGCHENG MAC (00187) Rebounds Nearly 20% in Two Trading Days, Low-Altitude Economy and Siasun Robot&Automation Concepts Heat Up the Stock Price?", it was pointed out that, with regard to the low-altitude economy, demand for lightweight high-pressure gas storage equipment for flying cars objectively exists, but the industry as a whole is still at a very early stage and is unlikely to provide a substantial boost to the performance of relevant companies in the short term. Similarly, in the Siasun Robot&Automation field, although the company has a certain foundation in intelligent manufacturing and compliance advantages, the large-scale commercialization of humanoid Siasun Robot&Automation still needs to overcome multiple thresholds such as cost and technology. Overall, the sustainability of the valuation repair brought about by theme resonance ultimately still depends on the substantive fulfillment of orders related to the relevant businesses.