FRIEND once fell nearly 7% as shareholder Hangsheng Partnership plans to reduce its holdings by no more than 3% of the company's shares

FRIEND fell by 6.86% to 12.08 yuan at one point in today's morning session. FRIEND announced yesterday that its shareholder, Xing Sheng Partnership, plans to reduce its holdings in the company by no more than 14.7849 million shares, accounting for no more than 3% of the total shares of the company