Kiu Hung Int'l (00381) rose more than 18% in the morning, with a cumulative increase of more than 11 times this month. As of the publication, it rose by 18.38%, closing at 2.19 Hong Kong dollars, with a turnover of 12.3121 million Hong Kong dollars.
According to the Wisdom Financial APP, Kiu Hung Int'l (00381) rose more than 18% in the morning, with a cumulative increase of more than 11 times this month. As of the publication, it rose by 18.38%, closing at 2.19 Hong Kong dollars, with a turnover of 12.3121 million Hong Kong dollars.
On the news front, Kiu Hung Int'l recently announced its intention to change its company name to "AOM International Group Company Limited" and adopt "Quan Shi International Group Limited" as its second Chinese name. It is understood that the group has six major reportable business categories, each managed separately due to different economic characteristics of each business.
It is worth noting that the company has had frequent changes in shareholding recently. On October 2, the company announced its intention to issue approximately 53.2208 million shares to Europe Jewel to subscribe for shares for loan capitalization. On October 14, Chairman Yang Ling and Co-Chairman Li Lizhong separately purchased a total of 10 million shares and 42 million shares in OTC transactions, at an average price of 0.78 Hong Kong dollars per share. In addition, Mr. Yang Bincheng was appointed as an executive director, effective from September 9, 2024.