LX TECHNOLOGY was named by the Securities Regulatory Commission for its highly concentrated shareholding, with its stock price rising 2.4 times in one month
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The Securities and Futures Commission pointed out that LX TECHNOLOGY (2436) has a highly concentrated shareholding, with 25 shareholders holding 92.27% of the shares, which may lead to significant fluctuations in the stock price. The stock rose from HKD 4.07 on December 23 last year to HKD 13.87 on January 26, an increase of over 2.4 times. It closed today at HKD 11.32, down 6.4%. Investors should operate with caution
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