[Caihua News] The stock price of Hengteng Network (00136-HK) continues to fluctuate greatly. It rose 42.9% or HK$0.09 at 14:26 to HK$0.3 million; the transaction amount reached HK$880 million. Hengteng Network announced at noon that it noticed stock price fluctuations, indicating that the company is initially negotiating a potential acquisition transaction. If the potential acquisition is implemented, it may constitute a Chapter 14 transaction of the company's securities listing rules on the Hong Kong Stock Exchange Limited. At the beginning of the opening of the market, Hengteng Network was once higher at HK$0.35, up 66.7% at most. It reached a high level of nearly two and a half years.
Recently, Hengteng Network was removed from the Shanghai-Hong Kong Stock Connect “Hong Kong Stock Connect” stock, which plummeted HK$0.039 or 16.1% on September 9.