GGAC fell 3.4% as shareholder Hu Lixia plans to reduce holdings of no more than 1.092% of the company's shares

GGAC today fell by 3.4% during trading to 13.01 yuan, with a market value of 6.09 billion yuan. GGAC announced last night that shareholder Hu Lixia plans to reduce her holdings of the company's shares by no more than 5,112,293 shares, accounting for 1.092% of the company's total share capital, within three months after the announcement is disclosed on the fifteenth trading day. The reason for the reduction is personal funding needs, and the shares are sourced from stocks obtained through divorce property division