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HK stock abnormal movement: Space Group (02448) falls by more than 45%, cumulative decline of 88% this week, the total market value is now less than 35 million Hong Kong dollars.
Space Group (02448) plummeted sharply yesterday, dropping more than 77%, and fell more than 45% during the intraday trading today. The cumulative decline this week has reached 88%. As of the time of publication, it has fallen 41.67%, to HKD 0.119, with a turnover of HKD 27.9322 million, and its total market value is now less than HKD 35 million.
Hong Kong stocks fluctuate | Space Group (02448) plunged more than 73% and hit a historic low, with a total market value of less than 0.1 billion Hong Kong dollars.
According to the Zhidao News APP, Space Group (02448) plunged more than 73%, with a record low of HKD 0.231. The latest market cap is less than HKD 0.1 billion. As of the time of writing, it has fallen 73.82% to HKD 0.233, with a turnover of HKD 96.2965 million. It is reported that Space Group is an investment holding company mainly engaged in decoration engineering. The company operates two business units. The decoration engineering division is involved in executing decoration engineering, purchasing materials, site supervision, subcontractor management, overall project management, interior decoration, and renovation of existing buildings. The building construction engineering division is involved in structural building engineering.
Space Group announces Chen Xiaohua's resignation as company secretary.
Space Group (02448) released an announcement that Ms. Chen Xiaohua has resigned as the company secretary effective from July 8, 2024.
Space Group Secretary Resigns, Search for Replacement
Space Group (02448.HK): Chen Xiaohua has resigned as company secretary.
On July 8th, Gelunhui reported that Chen Xiaohua had resigned as company secretary of Space Group (02448.HK), effective from July 8, 2024.
Space Group (02448.HK) issued 232 million shares for rights issue.
On June 27th, Gelunhui reported that Space Group (02448.HK) announced that it will issue approximately 232 million shares of share offering shares on June 27, 2024.
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taijahmed75 : Thank you @Market Sniper for informing us ahead of time, luckily I could sell that off at .90
71571962 taijahmed75: BUY IT NOW
taijahmed75 71571962: let’s get it to be settled first, still keeps dropping
taijahmed75 : @Market Sniper is it good to accumulate now? Or it’s a dead cow, better to avoid?
Market SniperOP taijahmed75: don't buy, going to delist
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