Core Viewpoint - Conch Cement (00914) experienced a significant decline in stock price, dropping over 7% in intraday trading, attributed to the sale of shares by a subsidiary of Taiwan Cement [1] Group 1: Stock Performance - Conch Cement opened lower and fell by 7.04%, trading at HKD 24.82 with a transaction volume of HKD 2.514 billion [1] Group 2: Share Sale Details - Taiwan Cement announced that its subsidiary, TCC International Limited, sold 76.875 million shares of Conch Cement at an average price of approximately HKD 25.43 per share, totaling around HKD 1.955 billion [1] - Following the sale, Taiwan Cement's holdings in Conch Cement will decrease to 38.325 million shares [1] Group 3: Market Activity - The market observed multiple large transactions involving approximately 76.875 million shares of Conch Cement, indicating significant trading activity related to the placement [1]
港股异动 | 海螺水泥(00914)盘中跌超7% 市前现多宗大手成交 据报台泥出售海螺水泥近20亿港元股份