HK Stock Market Move | DELTON (01989) falls nearly 7% against the trend; 20.67 million cornerstone investor shares will be unlocked starting next Monday.

DELTON (01989) fluctuated downward in the afternoon, falling nearly 7%. As of press time, it was down 6.76% at HK$108.9, with a turnover of HK$257 million. On the news front, benefiting from the AI industry wave, in the first half of this year, DELTON achieved operating revenue of RMB 4.388 billion, up 80.98% year on year; and realized net profit of RMB 956 million, up 94.39% year on year. Both financial indicators reached record highs for the same period in the company's history. Looking at the second quarter alone, revenue was RMB 2.474 billion, up 89.2% year on year, and net profit was RMB 563 million, up 124.13% year on year. It is worth noting that DELTON listed on the Hong Kong Stock Exchange on March 20 this year. The six-month lock-up period for shares held by cornerstone investors will expire at the end of this week. A total of 20.6745 million shares held by 12 cornerstone investors (groups) will become tradable starting next Monday (September 21). Based on the current price, the market value of the unlocked shares is approximately HK$2.254 billion.