Market Insight | Sunny Optical rebounds by over 7%, institutions believe that the major shareholder has signed a stock option trading agreement with UBS Group, indicating no change in shareholding position

SUNNY Optical's stock price rose by more than 7% to HKD 37.2, with a turnover of HKD 4.62 billion. The company announced that in March, the shipment volume of mobile phone lenses increased by 33.7% year-on-year, the shipment volume of automotive lenses increased by 17% year-on-year, and the shipment volume of mobile camera modules increased by 15.1% year-on-year. The major shareholder, Sun Xu Limited, holding 35.48% of the company's shares, signed an equity collar option transaction with UBS Group involving 44.57 million shares, accounting for approximately 4% of the outstanding shares