On September 11, UNISOUND fell 5.35% in regular trading, trading at 74.35 HKD/share, with turnover of 57.79 million HKD, extending its multi-day decline.

On the news front, multiple institutional shareholders have been continuously reducing their stakes. Tianjin Heyi Guyu Venture Capital Partnership sold 800,000 shares across September 3-4, cutting its position from 6.62% to 4.84%. Meanwhile, China Internet Investment Fund conducted a series of sell-downs from late August through early September, trimming its holding from 8.03% to 4.74%. The concentrated institutional selling has weighed heavily on market sentiment.

Adding to the pressure, the Hong Kong-listed AI software sector has seen sustained pullbacks in recent sessions. In the prior trading session, both UNISOUND and Manycore Tech fell over 10%, with application software stocks broadly under pressure. Although the company recently disclosed strong interim results — H1 revenue up 38.7% year-over-year and Token business surging 760% — and won nearly 100 million yuan in smart healthcare benchmark projects, institutional selling signals and sector-wide risk-off sentiment have overridden the positive fundamentals.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)