Core Viewpoint - China Shangcheng (02330) experienced a significant decline of 75% during intraday trading, dropping to a low of HKD 0.125, effectively erasing all gains made since early October. As of the report, the stock was down 51.2% at HKD 0.244, with a trading volume of HKD 32.43 million [1] Stock Movements - Recent stock transfer activities have been noted for China Shangcheng, with multiple significant transfers occurring. On October 28, shares worth HKD 18.49 million were deposited into Yuan Ku Securities, representing 16.67% of the total. On November 17, shares valued at HKD 17.49 million were transferred from Huiying Securities to Yue Shang International Securities, accounting for 7.43%. On November 21, shares worth HKD 17.88 million were moved from China Galaxy Securities Hong Kong to Hang Seng Securities, making up 7.45% [1][1][1] Placement Completion - The company announced that a placement of shares was completed on October 28, with a total of 75.47 million shares successfully placed at a price of HKD 0.180 per share to three subscribers. This placement represents approximately 16.67% of the company's issued share capital following the placement [1][1][1]
港股异动 | 中国上城(02330)盘中重挫75% 回吐近两月涨幅 该股近期出现多宗转仓异动