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Some Brainhole Technology Limited (HKG:2203) Shareholders Look For Exit As Shares Take 28% Pounding
Express News | Brainhole Technology Ltd - Wan Duo Resigned as Executive Director
Brainhole Technology Buys More Beike ADS
Brainhole Tech (02203.HK): Further purchased 0.143 million shares of Ke Holdings American depositary shares at a total cost of 3.2 million USD.
Grallhui October 14th, brainhole tech (02203.HK) announced that on October 11, 2024, the company purchased a total of 0.143 million shares of ke holdings American depositary shares in the open market at a total cost of about 3.2 million US dollars (equivalent to about 25 million Hong Kong dollars) (excluding transaction costs). The average price per share for the further purchase of ke holdings American depositary shares (excluding transaction costs) is about 22.47 US dollars (equivalent to about 174.85 Hong Kong dollars). The total cost of about 3.2 million US dollars (equivalent to about 25 million Hong Kong dollars) is allocated from the group's existing internal financial resources.
Hong Kong stock market anomaly | Chip stocks fell further at the end of the day, brainhole tech (02203) plunged more than 27%, and semiconductor manufacturing international corporation (00981) fell nearly 6%.
Chip stocks continued to decline over the past two days, with the losses further widening in the afternoon session. As of the time of publication, Brainhole Tech (02203) fell by 27.16%, to 0.295 Hong Kong dollars; Contel (01912) fell by 10.45%, to 0.12 Hong Kong dollars; Solomon Systech (02878) fell by 9.68%, to 0.56 Hong Kong dollars; Semiconductor Manufacturing International Corporation (00981) fell by 5.15%, to 25.8 Hong Kong dollars; Hua Hong Semi (01347) fell by 2.49%, to 23.5 Hong Kong dollars.
Semiconductor concepts mostly rebounded, semiconductor manufacturing international corporation (00981) rose by 9%. Institutions point out the popularization of AI applications, and the industry chain will usher in good opportunities for growth.
King's Wealth News | Most semiconductor concepts rebound, brainhole tech (02203) up 64.41%, hg semi (06908) up 9.09%, semiconductor manufacturing international corporation (00981) up 9.01%, shanghai fudan (01385) up 8.73%, hua hong semi (01347) up 5%.
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