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ALCO HOLDINGS (00328.HK) received a shareholding of 6.396 million ordinary shares from Wong Ka Fu, valued at approximately 23.4094 million Hong Kong dollars.
According to a report on December 20, based on documents disclosed by the Hong Kong Stock Exchange on December 20, Wang Jiafu increased his shareholding in ALCO HOLDINGS (00328.HK) by acquiring 6.396 million ordinary shares at an average price of 3.66 Hong Kong dollars per share on December 17, amounting to approximately 23.4094 million Hong Kong dollars. After the increase, Wang Jiafu's latest holding is 6.396 million shares, with the shareholding percentage rising from 0.00% to 5.56%. Image source: Stock disclosure from the Stock Exchange What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more) must disclose their holdings in listed companies.
Hong Kong stocks closed (12.20) | The Hang Seng Index fell by 0.16% "WeChat gifting" ignites related stocks, the Semiconductors Sector shows strong performance.
The Hong Kong stock market slightly dipped in the morning, and then the three major Indexes subsequently surged, with the Hang Seng Index rising by over 1% at one point, but then it fluctuated back down, with the Hang Seng and National Indexes turning negative again.
Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;
Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;
Hong Kong stocks moved unusually | ALCO HOLDINGS plunged by 87%, with the stock price falling below 0.7 Hong Kong dollars, having increased by 3.66 times within the year.
On December 20, Glonghui reported that ALCO HOLDINGS (0328.HK) experienced a sudden crash in the afternoon, plummeting 87% to HKD 0.68, with a trading volume of HKD 0.13 billion. The stock had an accumulated increase of about 90% last year, and continued to surge in the first half of this year, reaching a high of HKD 13.2 during intraday trading on May 13, with an increase of over 3.66 times at one point this year. However, the stock price began to decline, and today it suddenly flashed crash, erasing nearly all the gains made in recent years. ALCO HOLDINGS had previously announced that for the six months ending September 30, 2024, the group recorded operating revenue of HKD 50 million from continuing Business operations and a loss attributable to shareholders of HKD 24 million.
ALCO HOLDINGS (00328.HK) suddenly surged nearly 80%.
ALCO HOLDINGS (00328.HK) stock price fell by 78.46%, closing at 1.12 yuan, setting a new 52-week low. A total of 23.672 million shares were traded, with a transaction amount of 0.112 billion yuan. The stock opened flat this morning, with a highest point of 5.45 yuan.
ALCO HOLDINGS: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
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