Hong Kong-listed Newborn Town drops most in four weeks

Newborn Town

24/07/2026 07:15

** Shares of Newborn Town Inc 9911.HK drop 7.5% to HK$8.03, on track for the biggest one-day pct decline since March 26
** Stock hits the lowest level since July 14 
** The drop comes despite the social networking business group saying it expects its H1 2026 revenue to rise 34.3%-38.8% y/y
** YTD, stock down 26.7%, benchmark Hang Seng Index .HSI down 3%

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))