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TYCOON GROUP resumed trading with an opening gain of over 43%, and Chairman Wang Jiajun's 0.129 billion shares were forced to be sold.
TYCOON GROUP (03390) saw its share price plummet over 90% yesterday and was suspended during trading.
Tycoon Group Holdings Limited (HKG:3390) Looks Inexpensive After Falling 92% But Perhaps Not Attractive Enough
The chairman and controlling shareholder of TYCOON GROUP (03390.HK), Wang Jiajun, sold 0.129 billion shares due to a significant drop in the Fill Price. The company's trading will resume tomorrow.
On April 16, Gelonghui reported that TYCOON GROUP (03390.HK) announced that the Board of Directors has noted that on April 16, 2025, the company's stock price fell while the Volume increased.
Hong Kong stocks closed (04.16) | The Hang Seng Index fell by 1.91%, ending six consecutive rises. Technology and Autos stocks were under significant pressure, while Golden Industrial Concept stocks strengthened against the trend.
The tariff war situation continues to unfold, and the latest statement from the White House on its official website indicates that commodities exported from China to the USA face tariffs as high as 245%. After opening lower today, Hong Kong stocks fell further, with the Hang Seng Index briefly dropping below 21,000 points, marking the end of six consecutive days of gains.
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TYCOON GROUP (03390) was suspended from trading on the morning of April 16 due to several insider messages.
TYCOON GROUP (03390) announced that its shares have been listed on the Hong Kong Stock Exchange since 11:30 AM on April 16, 2025.
