On September 15, LENS fell 3.1% in regular trading, trading at 21.28 HKD/share, with turnover of approximately 55.49 million HKD. The decline reflects pressure from disappointing first-half results and increasingly bearish institutional positioning.

According to the company's interim report, H1 revenue declined 12.42% year-over-year to RMB 28.866 billion, while net profit attributable to shareholders plunged 49.52% to RMB 577 million. Non-recurring adjusted net profit fell even more sharply, dropping 70.45% to RMB 278 million. Although gross margin improved from 14.22% to 16.43%, rising expenses eroded the gains. Meanwhile, HKEX filings show JPMorgan's short position in LENS H-shares climbed to 6.14%, exceeding its long position of 5.13%, signaling notable institutional bearish sentiment.

On a more constructive note, CLSA recently raised its target price to 30.7 HKD while maintaining an Outperform rating, citing growth potential from AI server structural components, UTG foldable screens, and AR/AI smart glasses. The company has also confirmed supply of nano-textured UTG glass for a major North American client's foldable device.

(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.)