--- title: "Hong Kong Stock Movement: TIME INTERCON fell 15.53%, with concerns over equity dilution triggered by the placement of shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/294022060.md" description: "TIME INTERCON fell 15.53%; Contemporary Amperex Technology Co., Limited fell 4.72%, with a transaction volume of HKD 1.665 billion; Zhida Technology fell 13.58%, with a transaction volume of HKD 64.9 million; Sigenergy fell 10.24%, with a transaction volume of HKD 40.62 million; Zhongwei New Materials fell 3.90%, with a market value of HKD 26.8 billion" datetime: "2026-07-28T06:56:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294022060.md) - [en](https://longbridge.com/en/news/294022060.md) - [zh-HK](https://longbridge.com/zh-HK/news/294022060.md) --- # Hong Kong Stock Movement: TIME INTERCON fell 15.53%, with concerns over equity dilution triggered by the placement of shares **Hong Kong Stock Movement** TIME INTERCON fell 15.53%. Based on recent key news: 1. On July 27, TIME INTERCON announced that it would issue new shares based on the stock plan to grant share rewards or options to participants, leading to a drop in stock price. The company issued 280,000 new shares, increasing the number of shares in circulation, which may raise investor concerns about equity dilution. 2. On July 27, TIME INTERCON disclosed detailed information about the issuance of new shares on the Hong Kong Stock Exchange, showing an issue price of HKD 1.51 per share, with the number of circulating shares increasing by 0.013%. This information may have intensified the market's negative expectations regarding the company's stock price. 3. There have been no other significant news recently. The market is sensitive to equity dilution, which needs to be monitored. **Stocks with High Trading Volume in the Industry** CATL fell 4.72%. Based on recent key news: 1. On July 27, CATL announced a large share repurchase plan, amounting to RMB 40 billion, aimed at enhancing earnings per share and strengthening shareholder equity through share cancellation. This move was interpreted by the market as management's confidence in the company's intrinsic value; however, the stock price still declined. 2. On July 27, Zhitong Finance reported that CATL's performance in the first half of the year was robust, with a net profit growth of 42% year-on-year, but the gross profit margin slightly declined, leading to market concerns about its profitability, which may cause stock price fluctuations. 3. On July 26, Guandian Network pointed out that CATL signed a strategic cooperation agreement with Linfen Public Transport to deepen the battery full lifecycle management system. Although this move shows the company's progress in the green public transport sector, it failed to prevent the stock price from falling. The demand in the new energy industry is growing, but policy changes are impacting it. Zhida Technology fell 13.58%, with a trading volume of HKD 64.9 million, and there has been no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Sige New Energy fell 10.24%. Based on recent news: 1. On July 24, Sige New Energy showcased its technological innovations at the Smart Energy Center in Nantong, Jiangsu, including AI-driven intelligent production lines and a five-in-one energy storage charging system. These innovations aim to address installation complexities and grid instability in overseas markets, enhancing the company's competitiveness in the global market. However, the market remains cautious about the actual application effects of these technologies, leading to a drop in stock price. 2. On July 24, Sige New Energy's production workshop demonstrated its efficient production capacity, producing one inverter every 21 seconds and one energy storage PACK every 15 seconds. Despite high production efficiency, the market has doubts about the sustainability of demand for its products, affecting investor confidence. 3. On July 24, Sige New Energy's industrial internet applications showcased its leading position in the smart manufacturing field. Although the technological innovations are significant, the market is concerned about whether it can maintain its technological leadership, putting pressure on the stock price. The acceleration of technological innovation in the new energy industry has led to market caution **Stocks Ranked Among the Top by Market Capitalization in the Industry** Zhongwei New Materials, down 3.90%, with a market capitalization of HKD 26.8 billion, has no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [01729.HK](https://longbridge.com/en/quote/01729.HK.md) - [03750.HK](https://longbridge.com/en/quote/03750.HK.md) - [02650.HK](https://longbridge.com/en/quote/02650.HK.md) - [06656.HK](https://longbridge.com/en/quote/06656.HK.md) - [02579.HK](https://longbridge.com/en/quote/02579.HK.md) ## Related News & Research - [Time Interconnect Technology files HKEX next-day return, issues 280,000 new shares at HKD 1.51 each](https://longbridge.com/en/news/293908487.md) - [Time Interconnect calls July EGM to approve Singapore acquisition and revised supply deal](https://longbridge.com/en/news/290801768.md) - [CATL Net Profit Jumps 42%](https://longbridge.com/en/news/294079586.md) - [CATL-Stellantis battery plant in Spain to employ average of 1,000 Chinese workers during construction](https://longbridge.com/en/news/293916534.md) - [AK Medical clarifies share option exercise price at HK$ 5.85](https://longbridge.com/en/news/294033471.md)