---
title: "South Manganese Investor Exits With Sale of 10.83% Stake"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274354017.md"
description: "South Manganese Investment Limited (HK:1091) announced that substantial shareholder Mr. Cheung Ming has sold his entire stake of 534,691,800 shares, representing 10.83% of the company, at an average price of HK$0.24 per share. Following this sale, he no longer holds any shares in the company. The board indicated that this change in shareholder structure is not expected to materially impact the company's operations or financial position. The latest analyst rating for the stock is a Sell with a price target of HK$0.34."
datetime: "2026-01-30T14:40:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274354017.md)
  - [en](https://longbridge.com/en/news/274354017.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274354017.md)
---

# South Manganese Investor Exits With Sale of 10.83% Stake

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South Manganese Investment Limited ( (HK:1091) ) just unveiled an announcement.

South Manganese Investment Limited has disclosed that substantial shareholder Mr. Cheung Ming has sold his entire stake of 534,691,800 shares, representing about 10.83% of the company’s issued share capital, at an average price of HK$0.24 per share, and as a result no longer holds any shares in the company. The board stated that this disposal is not expected to have a material impact on the group’s business operations or financial position, suggesting that while the move significantly alters the shareholder structure, it should not affect day-to-day activities or the company’s immediate financial health.

The most recent analyst rating on (HK:1091) stock is a Sell with a HK$0.34 price target. To see the full list of analyst forecasts on South Manganese Investment Limited stock, see the HK:1091 Stock Forecast page.

**More about South Manganese Investment Limited**

South Manganese Investment Limited is a Bermuda-incorporated company listed in Hong Kong that operates through a group structure, though this announcement does not specify its precise industry segment, products or services. The company is overseen by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical corporate governance framework for a Hong Kong–listed issuer.

**Average Trading Volume:** 29,403,972

**Technical Sentiment Signal:** Hold

**Current Market Cap:** HK$1.8B

Learn more about 1091 stock on TipRanks’ Stock Analysis page.

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