Sunny Optical drops most in 14 months on proposed bonds issue to refinance debt

Sunny Optical Technology

26/06/2026 04:20

** Shares of Sunny Optical Technology 2382.HK drop 14.3% to HK$57.45, on course for the biggest one-day pct fall since April 2025
** Stock hits the lowest level since April 2 
** Stock top pct loser in benchmark Hang Seng Index .HIS and Hang Seng TECH Index .HSTECH, which are down 2.2% and 3.6%, respectively 
** The mobile phone automotive lenses producer proposes to conduct an issuance of bonds denominated in Renminbi, raising proceeds for refinancing existing indebtedness
** Completion of the bonds issue is subject to market conditions and investor interest while the size and pricing of the proposed bonds issue will be determined following a book-building process - co
** YTD, stock down 11.2%, Hang Seng TECH Index .HBSTECH down 22.9%



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