chi kingstone (01380) fell more than 22% in the morning session, as of the time of publication, it fell by 18.94%, closing at 0.184 Hong Kong dollars, with a turnover of 4.0646 million Hong Kong dollars.
According to the Wisdom Financial APP, chi kingstone (01380) fell more than 22% in the morning session, as of the time of publication, it fell by 18.94%, closing at 0.184 Hong Kong dollars, with a turnover of 4.0646 million Hong Kong dollars.
On the news front, chi kingstone announced that the board of directors of the company received a notice from the former executive director and major shareholder, Zheng Yonghui, that he had sold a total of 56.38 million shares of the company on the open market on October 24, 2024, accounting for approximately 26.23% of the total number of shares issued by the company as of the date of this announcement (sale matter). Following the sale, Zheng Yonghui holds 0.0119 million shares of the company, representing approximately 0.01% of the total number of shares issued by the company, and Zheng Yonghui is no longer a major shareholder of the company.
It is worth noting that chi kingstone previously announced that Mr. Zheng Yonghui has resigned as an executive director of the company due to other personal work commitments, effective from October 21, 2024. In addition, on August 30 of this year, Zheng Yonghui increased his shareholding in chi kingstone by 8.411 million shares; on September 12, Zheng Yonghui increased his shareholding in chi kingstone by 4.767 million shares.