Futu News reported on January 17 that shareholders of Xiabuxiabu sold a total of 81.6 million shares, with an allocation price of 9.6 yuan to 9.9 yuan, a discount of up to 12.4% to 15%, and cashed out up to 800 million yuan. Damo arranged the above transaction.
As of press release, Xiabuxiabu has plummeted by 12.83% and is now reported at HK$9.85.
Edit/Sylvie
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