Shun Wo Group (01591.HK) opened at a low of 9.1% today on the 24th, reporting 2 cents, with a current decline of 13.6% to 1.9 cents, with a turnover of 5.56 million shares involving 0.1112 million yuan.

The company proposes a 10-for-1 stock consolidation. After the consolidation becomes effective, the buying and selling units will maintain 20,000 shares per hand. The stock consolidation is expected to take effect on September 17.