Understanding the Market | GD LAND has fallen over 33% again, dropping over 60% since the beginning of December. GD Investment has completed the physical distribution of GD LAND shares

GD LAND has fallen over 33% again, with a cumulative decline of over 60% since early December. As of the time of writing, it has dropped 26.43%, trading at HKD 0.167, with a transaction volume of HKD 11.1199 million. In terms of news, GD Investment has completed the physical distribution of GD LAND shares on January 21, 2025. It is reported that GD Investment previously proposed to distribute special dividends to shareholders in the form of physical distribution of GD LAND shares, involving the distribution of 1.261 billion shares, accounting for approximately 73.72% of GD LAND's equity. It is reported that after the distribution is completed, GD LAND will no longer be a subsidiary of GD Investment, and its financial performance will no longer be consolidated into GD Investment's financial statements. Through this distribution, the major shareholder GD Holdings will maintain its 58.26% equity stake in GD Investment, while GD Investment will no longer hold equity in GD LAND, and GD LAND will become a sibling company to GD Investment