Core Viewpoint - HOME CONTROL (01747) faces scrutiny from the Hong Kong Securities and Futures Commission (SFC) regarding its highly concentrated shareholding structure, leading to a significant drop in its stock price by over 20% in early trading [1] Group 1: Stock Performance - As of November 3, the company's stock closed at HKD 5.82, which is an increase of 561% compared to the closing price on June 18 of this year [1] - The stock price has since dropped by 19.82%, trading at HKD 4.41 with a transaction volume of HKD 6.4054 million [1] Group 2: Shareholding Structure - The SFC's inquiry revealed that as of October 17, 20 shareholders collectively held 88.908 million shares, representing 17.55% of the issued share capital [1] - A major shareholder holds 375 million shares, accounting for 74.06% of the issued share capital, leading to a total of 91.61% of shares being concentrated among a few [1] - Only 42.54 million shares, or 8.39% of the issued share capital, are held by other shareholders [1] Group 3: Compliance with Regulations - The company confirmed that as of October 17 and currently, at least 25% of the issued shares are held by the public, maintaining compliance with the Hong Kong Stock Exchange's listing rules regarding sufficient public float [1]
HOME CONTROL跌超20% 遭香港证监会点名股权高度集中