On September 10, HESAI-W fell 5.29% in regular trading, trading at HK$17.53 per share, with turnover of approximately HK$35.87 million.

On the news front, JPMorgan's rapid position reversal has unsettled the market. Filings show JPMorgan purchased approximately 10.65 million shares on August 31 at an average price of HK$16.36, spending roughly HK$174 million. However, just two days later on September 2, the institution sold approximately 9.42 million shares at an average price of HK$15.97, receiving about HK$150 million. Its long position ratio dropped from 8.16% to 7.26%, while its short position ratio also declined from 4.07% to 3.9%. The short-term buy-then-sell maneuver has raised concerns about the stock's near-term trajectory.

Adding to investor caution, while the company's interim results showed net profit surging 234.9% year-over-year, operating profit plunged 90.4% over the same period. Losses from the SGI strategic growth initiative are eroding core business profitability, with fundamental uncertainties continuing to weigh on sentiment.

(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.)