Connect Biopharma shares fall 22.57% intraday as technical overbought conditions and Q3 earnings report trigger selling pressure.

think> Okay, let's see. The user wants me to transform the given Chinese text into a concise news headline following specific rules. The example provided shows the structure: company name, percentage change rounded to two decimals, time period, and a brief reason. First, the company name is "Connect Biopharma". The percentage change is -22.56809339%, which I need to round to two decimal places. That would be -22.57%. The time period is intraday. Now, the reasons for the drop are two points. The first is technical overbought conditions after a 52.98% rise in five days. The second is the Q3 earnings report on Nov 12, 2025, which as a clinical-stage biopharma company, might have caused selling pressure. I need to combine these into a brief reason. Maybe mention the technical factors and the earnings report. Also, the date is up to 2025 Nov 20. I should include that. Check the example again. They included the company name, percentage, time, and the reason. So the structure would be: "Connect Biopharma plummeted 22.57% intraday, driven by technical overbought conditions following a 52.98% five-day rally and selling pressure after its Q3 earnings report on November 12, 2025, as a clinical-stage biopharma company." Wait, the user mentioned "as of November 20, 2025" so maybe add that. Also, the original text has two bullet points. Should I mention both? The example included the subsidiary's project and the company's focus. Here, the two reasons are both important. So combine them into one sentence. I need to ensure the percentage is correct, time period is intraday. The example used "surged" for a positive change, so "plummeted" for a negative. Also, check if the percentage is negative. The input says "大跌", which is a big drop, so negative percentage. So the final headline should be: "Connect Biopharma plummeted 22.57% intraday, driven by technical overbought conditions following a 52.98% five-day rally and selling pressure after its Q3 earnings report on November 12, 2025, as a clinical-stage biopharma company. As of November 20, 2025." Wait, the example didn't include the date in the headline, but the input text has a date. The user's example output doesn't include the date. Hmm. The example input had a date in the original text, but the output didn't include it. So maybe the date isn't necessary unless it's part of the reason. The reason here includes the Q3 report on Nov 12, so that date is important. The "as of November 20, 2025" might be the date of the price movement. So the headline should mention the Q3 report date and the as of date. Maybe structure it as: "Connect Biopharma plummeted 22.57% intraday, driven by technical overbought conditions following a 52.98% five-day rally and selling pressure after its Q3 earnings report on November 12, 2025, as a clinical-stage biopharma company. The decline occurred as of November 20, 2025." But the example didn't have a separate date at the end. The example's output included the date in the reason part. Let me check again. The example's output has "construction scheduled to begin in July" and the company's focus. So the date in the example is part of the reason. In the user's input, the reason includes the Q3 report on Nov 12, 2025, and the "as of" date is Nov 20, 2025. So maybe the headline should state the reason as the Q3 report on Nov 12 and the technical factors, and the as of date is when the drop occurred. The example didn't include the "as of" date in the headline, so perhaps it's not necessary. The user's example input had a date in the original text, but the output didn't include it. So perhaps the headline should be: "Connect Biopharma plummeted 22.57% intraday, driven by technical overbought conditions following a 52.98% five-day rally and selling pressure after its Q3 earnings report on November 12, 2025, as a clinical-stage biopharma company." That includes the key points: company name, percentage, time period, and.