Core Viewpoint - The stock price of Shankao Holdings (00412.HK) has dropped by 76.02% to HKD 3.36 following an inquiry by the Hong Kong Securities and Futures Commission regarding the company's shareholding distribution [1]. Group 1: Shareholding Structure - As of September 1, 2025, twenty shareholders collectively hold 1,444,804,136 shares, representing 24.00% of the company's issued share capital [2]. - Two major shareholders own 4,121,118,477 shares, accounting for 68.46% of the issued share capital, leading to a total of 92.46% of shares held by these concentrated shareholders [1][2]. - Only 453,508,496 shares, or 7.54% of the issued share capital, are held by other shareholders [2]. Group 2: Compliance and Market Implications - Shankao Holdings confirmed that at least 25% of its issued shares are held by the public, complying with the listing rules of the Hong Kong Stock Exchange [2]. - The company cautioned that due to the high concentration of shareholding among a few shareholders, even minor transactions could lead to significant price fluctuations, advising shareholders and potential investors to act with caution [2].
山高控股港股跌76% 被香港证监会点名股权高度集中