HK Stock Market Move | Jiangsu Lopal Tech. Group (02465) falls over 5%; 93,115,400 restricted shares will become tradable next Wednesday.

Jiangsu Lopal Tech. Group (02465) pulled back over 5%, down 5.14% as of press time at HK$6.55, with turnover of HK$37.3702 million. On the news front, on November 4, Jiangsu Lopal Tech. Group announced that some of the company's restricted shares will soon be released from lock-up and listed. The number of shares released from restriction this time is 93,115,400 shares, accounting for 11.77% of the company's total issued share capital. The listing and circulation date for these shares is November 11, 2026, and the type of unlocked shares is additional issuance. Previously, Jiangsu Lopal Tech. Group disclosed its third-quarter results. In the first three quarters of 2026, the company's operating revenue was RMB12.275 billion, up 110.72% year on year; net profit attributable to shareholders of the listed company was RMB506 million, compared with a loss of RMB110 million in the same period last year.