On June 9, Radiance Holdings (09993.HK) fell 8.59% in regular trading, trading at 1.18 HKD/share, with trading volume of approximately 30.54 million HKD.

On the news front, the stock had previously hit an all-time low of 0.85 HKD on May 14 before staging a sharp speculative-driven rebound exceeding 200%. Recently, speculative capital has been continuously exiting, driving an extended pullback. Fundamentally, the company reported a full-year net loss of 7.939 billion yuan, while auditor Ernst and Young resigned and issued a disclaimer of opinion regarding the company's ability to continue as a going concern. Total liabilities remain elevated.

At the industry level, the real estate sector faced broad-based pressure, with Greentown China down 4.15%, CK Asset down 2.99%, Sunac down 1.16%, and China Overseas down 1.09%. The combination of speculative capital withdrawal and persistent weakness in both company and sector fundamentals continues to weigh on the stock.

(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.)