---
title: "Hong Kong stock movement: Concerns over control triggered by the pledge of shares by the controlling shareholder, REDCO HEALTHY's stock price plummets 17.46%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/271446793.md"
description: "REDCO HEALTHY fell 17.46%; Country Garden Services rose 2.31%, with a transaction amount of HKD 10.31 million; Poly Property rose 2.85%, with a transaction amount of HKD 5.92 million; China Resources Mixc Lifestyle rose 0.51%, with a transaction amount of HKD 4 million; Swire Properties fell 1.23%, with a market value of HKD 120.3 billion"
datetime: "2026-01-05T01:41:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/271446793.md)
  - [en](https://longbridge.com/en/news/271446793.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/271446793.md)
---

# Hong Kong stock movement: Concerns over control triggered by the pledge of shares by the controlling shareholder, REDCO HEALTHY's stock price plummets 17.46%

**Hong Kong Stock Movement**

REDCO HEALTHY fell 17.46%. Based on recent key news:

1.  On January 5, REDCO HEALTHY's controlling shareholder, REDCO Group, pledged 75% of its shares as collateral for a loan, appointing Ma Demin and Li Yinglin as receivers. This move may lead to a change in company control, raising market concerns and causing a significant drop in stock price. Source: Economic Information Daily
    
2.  On January 4, REDCO HEALTHY announced the appointment of receivers, involving a USD 150 million financing agreement with Standard Chartered Bank. The market's uncertainty regarding how the receivers will handle the pledged shares has intensified stock price fluctuations. Source: Viewpoint Network
    
3.  On January 2, the receivers were granted the right to exercise all powers under the security deed, including the sale of the pledged shares. This news raised investor concerns about the future control of the company, leading to a decline in stock price. Source: Company announcement on increased financing pressure and significant risks in the real estate industry.
    

**Stocks with High Trading Volume in the Industry**

Country Garden Services rose 2.31%. Based on recent key news:

1.  On January 2, Country Garden Services announced the repurchase of 816,000 shares at a cost of HKD 4.941 million. This move boosted market confidence in the company's stock, driving the price up. Source: Zhitong Finance. The Hong Kong stock market has been volatile recently, and risks need to be monitored.

Poly Property rose 2.85%, with a trading volume of HKD 5.92 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation.

China Resources Mixc Lifestyle rose 0.51%, with a trading volume of HKD 4 million, and no significant news recently. The trading is active, with clear capital flow. 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 1.23%. Based on recent news:

1.  On January 4, the commercial real estate industry is undergoing transformation, with shopping malls shifting from "sales venues" to "attractions" to attract consumers. Swire Properties faces challenges in this context, leading to a decline in stock price. Source: Zhitong Finance
    
2.  On January 4, changes in the luxury goods market have affected rental income in commercial real estate. Swire Properties' rental technology content has increased, but the market response has been poor, putting pressure on the stock price. Source: Zhitong Finance
    
3.  On January 4, increased commercial activities in places like Shanghai Xintiandi have boosted foot traffic, but Swire Properties has not fully benefited, leading to a decline in stock price. Source: Zhitong Finance. The transformation of commercial real estate and the increase in rental technology

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