Changes in Hong Kong stocks | Mega Easy Innovation (03986) opened high and fell nearly 15% to welcome Cornerstone investors to lift the ban on restricted shares next Monday

The Zhitong Finance App learned that GigaYi Innovation (03986) opened high and went low today. The decline widened by nearly 15% in the afternoon. As of press release, it was down 14.67% to HK$802.5, with a turnover of HK$6.54 billion.

According to the news, GigaYi Innovation H shares will soon welcome the lifting of the ban on restricted shares of Cornerstone Investors on July 13 (next Monday). According to the data, a total of 18 shareholders have been unbanned, and a total of 14.3943 million shares have been unbanned. A few days ago, Zhaoyi Innovation announced that net profit attributable to shareholders of listed companies for the first half year of 2026 is expected to be around 6.9 billion yuan, an increase of about 1099% over the previous year. The company's net profit for the second quarter is expected to be 5.439 billion yuan, and net profit for the first quarter is 1,461 billion yuan. Based on this calculation, net profit for the second quarter is expected to increase 272% month-on-month. The company said that the changes in performance in the first half of the year were mainly due to tight supply in the memory chip industry. The volume and price of the company's memory chip products rose sharply, and the scale of shipments of microcontroller products increased, which led to a sharp increase in overall business performance.