Hong Kong stock movement: High concentration of equity triggers panic, GR LIFE STYLE stock price plummets 24.40%

Hong Kong Stock Movement GR LIFE STYLE plummeted 24.40%. Based on recent key news: On December 22, the Hong Kong Securities and Futures Commission announced that GR LIFE STYLE's equity is highly concentrated, leading to severe price fluctuations. The inquiry results from the Commission show that the equity of GR LIFE STYLE is concentrated in the hands of a few shareholders, with only 8.96% of shares held by other shareholders, causing significant price volatility. Source: Zhitong Finance On December 23, GR LIFE STYLE issued an announcement in response to the Commission's inquiry, confirming the situation of equity concentration. The company stated that the concentration of equity may lead to price fluctuations and reminded investors to act cautiously. Source: Viewpoint Network On December 22, the Commission emphasized the risks of equity concentration and advised investors to be cautious. The Commission pointed out that equity concentration may lead to severe price fluctuations, and investors need to be careful. Source: Economic Information Agency The recent volatility in Hong Kong stocks has intensified, and risks need to be monitored. Stocks with High Trading Volume in the Industry China Resources Mixc Lifestyle rose 1.02%. Based on recent key news: On December 22, the Taiyuan Mixc project was confirmed, marking the establishment of the core commercial sector. This news drove the stock price of China Resources Mixc Lifestyle up by 1.02%, with a trading volume of HKD 5.43 million. Source: Zhitong Finance The Hong Kong market has been volatile recently and requires attention. Wheelock Properties rose 0.81%, with a trading volume of HKD 4.38 million, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Evergrande Property had a trading volume of HKD 1.29 million, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Stocks with High Market Capitalization in the Industry Swire Properties fell 0.19%. Based on recent key news: On December 22, Swire Properties announced that two independent houses of its luxury project "6 Shenshui Bay Road" were sold for HKD 2.2 billion, setting one of the highest transaction prices in Hong Kong's luxury property market in recent years. This transaction demonstrates strong market demand for top luxury properties, driving stock price fluctuations. On December 19, Swire Properties officially announced a series of senior appointments, including changes in positions such as CEO for mainland China and vice directors, which may affect the company's strategic direction. On December 22, Swire Properties stated that it would continue to advance multiple residential projects, including the fourth round of sales for Shanghai Lujiazui Swire Source and unsold units in Hong Kong Hyde Park, demonstrating the company's active layout in the luxury property market. The Hong Kong luxury property market continues to thrive, with strong demand