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Hong Kong stocks fluctuate | Jingwei TianDi (02477) continues to rise over 20%, stock price doubles in two trading days, introducing a third party as the main shareholder.
After yesterday's surge of over 87%, Jingwei TianDi (02477) continued to rise by more than 20% in the morning, doubling its stock price in two trading days. As of the time of writing, it has increased by 20.72%, priced at 14.8 Hong Kong dollars, with a transaction volume of 28.543 million Hong Kong dollars.
Wellcell's Controlling Shareholder Offloads Nearly 20% Stake
Hong Kong stock movement | Jingwei Tian Di (02477) rises against the trend by over 17% as the controlling Shareholder sells 19.9% of the company's equity to Hengfeng International Holdings.
Jingwei Tiandi (02477) has risen by over 17% against the trend, currently up 17.74%, reported at 7.7 Hong Kong dollars, with a transaction amount of 6.7129 million Hong Kong dollars.
Selected announcement | POLY PROPERTY's contract sales for 2024 reached 54.2 billion yuan; WUXI BIO plans to sell its Ireland vaccine factory for 0.5 billion USD.
In 2024, Poly Real Estate's contracted sales exceeded 54 billion yuan; TRULY INT'L's annual operating net profit increased by over 10% year-on-year.
A major shareholder of Jingwei Tiandi (02477.HK), Jingwei Tiandi Group, sold 99.5 million shares of the company.
On January 6, Gelonghui reported that Jingwei Tiandi (02477.HK) announced that the Board of Directors received notice from one of its controlling Shareholders, Jingwei Tiandi Group Co., Ltd., that on January 6, 2025, Jingwei Tiandi Group entered into a share purchase agreement with Hengfeng International Holdings Limited (the investor) to sell 99.5 million shares of the company at a price of HKD 4.52 per share (equivalent to 19.9% of the company's total issued share capital as of the announcement date). After the completion of the sale, assuming no other changes in the equity structure and issued shares, the number of shares held by Jingwei Tiandi Group will be reduced from 255,00
Express News | WellCell Holdings - Post Stake Disposal, WellCell Group Will Own 155.5 Mln Shares in Co
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