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There's Reason For Concern Over Comba Telecom Systems Holdings Limited's (HKG:2342) Massive 44% Price Jump
Trending Industry Today: CHINACOMSERVICE Leads Gains In Telecom Equipment Stocks
COMBA has received a shareholding increase of approximately 0.31 billion shares from Yi Lei, at a price of 1.09 HKD per share.
According to the latest data from the Hong Kong Stock Exchange, on February 17, Yi Lei increased his shareholding in COMBA (02342) by approximately 0.31 billion shares, with a price of HKD 1.09 per share, totaling about HKD 0.338 billion. After the increase, the latest number of shares held is approximately 0.31 billion shares, with a latest shareholding ratio of 10.10%.
Comba Telecom Systems to Raise HK$372 Million via Share Placement
Hong Kong stocks movement | COMBA (02342) fell by more than 13% at one point during trading, planning to issue new shares to a third party at a discount of 1.8%. Last year's loss reached up to 0.6 billion Hong Kong dollars.
COMBA (02342) opened high this morning and once surged nearly 11%, but then plummeted and experienced a drop of over 13% during the session. As of the time of writing, it has fallen by 3.6%, priced at 1.07 Hong Kong dollars, with a trading volume of 0.129 billion Hong Kong dollars.
Comba Telecom Announces New Share Subscriptions to Strengthen Capital
