Changes in Hong Kong stocks | Shunyu Optical Technology (02382) once fell nearly 4% during the intraday period, and the company's CEO change is expected to have limited impact

Zhitongcaijing · 11/26 03:57

The Zhitong Finance App learned that Shunyu Optical Technology (02382) fell rapidly after opening slightly higher in early trading. At one point, it fell close to 4% in the intraday period, then the decline gradually narrowed. As of press release, it decreased by 1.78% to HK$57.85, with a turnover of HK$374 million.

According to the news, Shunyu Optical Technology issued an announcement stating that Mr. Sun Yang has resigned as the company's executive director and CEO and will no longer serve as a member of the Board's Strategy and Development Committee, effective November 26, 2024. Since the same day, Mr. Wang Wenjie, the executive director, has been appointed as the Chief Executive Officer.

According to CMB International, according to discussions between the bank and investors, the bank believes that this news will not bring major surprises to the market, but the bank expects the stock price to fluctuate in the near future. The bank believes that Mr. Wang has been well received by major customers and major shareholders both inside and outside of Sunyu Optics. Macquarie issued a report in response saying that it is expected that Sun's resignation as CEO will have limited impact on the company's daily operations, as various business segments of Shunyu are under the jurisdiction of several key personnel.