The Zhitong Finance App learned that WT Group (08422) plummeted nearly 80% at the beginning of the session, suspended trading for a short time in the morning, and maintained a narrow range of fluctuations after the resumption of trading in the afternoon. As of press release, it fell 79.57% to HK$0.048, with a turnover of HK$38.645,800, temporarily topping the decline list.

WT Group announced in the afternoon that the board of directors has been notified by Deying Venture Capital, the controlling shareholder of the company, that it has voluntarily sold 577 million shares of the company at an average cost of about 0.242 yuan per share on the Stock Exchange trading platform on the open market on July 21 this year, which is equivalent to about 57.66% of the company's total issued shares. Following the sale, Deying Venture Capital did not hold any shares in the company.