Understanding the Market | HSSP INTL fell over 55% in the late trading session, recently experiencing a shift in positions, previously named by regulators for concentrated shareholding
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HSSP INTL's stock price rose by 36% in early trading but the decline expanded to 55.13% by the end of the day, closing at HKD 3.72, with a trading volume of HKD 89.4339 million and an intraday fluctuation of nearly 95%. Recently, shareholders transferred their stocks to FaLi Securities, with a market value of HKD 340 million, accounting for 20.09%. In addition, the company signed an agreement with COTY to establish a joint venture in the UAE to promote its e-cigarette business and proposed to rename itself as East Nova Holdings Limited
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