The Zhitong Finance App learned that Prudential Group Holdings (02486) fell nearly 15% in the afternoon. As of press release, it was down 14.43% to HK$2.61, with a turnover of HK$1,721,000.

According to the news, Prussian Group Holdings will welcome the lifting of the pre-listing investor ban on May 11, with a total of 32.7404 million shares being lifted. According to reports, the company's issue price was HK$10.6, and its stock price has dropped by more than 70% since listing. The current market value has evaporated over HK$900 million compared to the initial listing.

According to the 2023 financial report of Prussia Group Holdings, the company achieved revenue of about 726 million yuan (RMB, same below) during the period, an increase of 17.45% over the previous year; profit attributable to the company's owners was 115.02 million yuan, a sharp decrease of 78.18% over the previous year.