Core Viewpoint - The Hong Kong Securities and Futures Commission has investigated the shareholding distribution of Walnut Capital (00905), revealing a high concentration of shares among a few shareholders, which may lead to significant price volatility in the company's stock [1][4]. Shareholding Structure - As of August 25, 2025, 19 shareholders collectively held 146,869,901 shares, representing 13.98% of the company's issued share capital [1][4]. - A total of 259,082,295 shares (24.66% of issued share capital) were registered under HKSCC Nominees Limited but were not settled in the Central Clearing and Settlement System (CCASS) [1][4]. - The CEO holds 588,327,925 shares, accounting for 56.01% of the issued share capital, leading to a total of 94.65% of shares being held by the CEO and the 19 shareholders [1][4]. - Only 56,220,766 shares (5.35% of issued share capital) are held by other shareholders [1][4]. Stock Price Performance - The company's stock price increased by 457% from HKD 0.415 on March 28, 2025, to HKD 2.31 on August 25, 2025 [4]. - On September 2, 2025, the stock closed at HKD 2.28, reflecting a 449% increase compared to the closing price on March 28, 2025 [4]. Financial Performance - Walnut Capital reported mid-year earnings of HKD 960,000, a year-on-year increase of 478% [5]. - The net loss for the period was HKD 26.747 million, an increase of 43.42% compared to the previous year [5]. - The increase in losses was primarily due to a recognized impairment loss of HKD 14.435 million related to cryptocurrencies and an increase in administrative and operational expenses of HKD 2.732 million, partially offset by a net reduction of HKD 9.455 million from fair value changes of financial assets [5].
香港证监会：胡桃资本股权高度集中 近5个月股价涨幅高达449%