"Active Stocks" GUOTAI JUNAN INTERNATIONAL (1788) plummets by 10%, with a shareholder transferring over 5% of shares to UBS positions
GUOTAI JUNAN INTERNATIONAL (1788) stock price plummeted by 10.2%, currently reported at HKD 3.35, having fallen for 5 consecutive days, with a cumulative decline of 16%. Approximately 25.8 million shares were traded, involving HKD 88.29 million. The latest data shows that on November 3rd, the company transferred 5.44% of its shares to UBS, with a market value of about HKD 1.975 billion, raising concerns in the market, which views it as a signal of reduction in holdings. The Hang Seng Index slightly declined, with the main board trading exceeding HKD 9.2 billion
According to the Economic Information Agency on the 4th, GUOTAI JUNAN INTERNATIONAL (01788) is currently down 10.2%, trading at HKD 3.35. At this price, the stock has fallen for 5 consecutive days, with a cumulative decline of 16%. Approximately 25.8 million shares have been traded, involving HKD 88.29 million.
According to the latest disclosure from the Hong Kong Stock Exchange, on November 3rd, GUOTAI JUNAN INTERNATIONAL transferred 5.44% of its shares to UBS, with a market value of approximately HKD 1.975 billion based on yesterday's closing price, raising market concerns about a potential sell-off signal.
Currently, the Hang Seng Index is at 26,155, down 3 points or less than 0.1%, with the main board trading exceeding HKD 9.2 billion. The National Enterprises Index is at 9,247, down 10 points or 0.1%. The Hang Seng Technology Index is at 5,908, down 13 points or 0.2%. (hc)
