Asia Tele-Net addresses HKEX query on high shareholding concentration
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Asia Tele-Net and Technology addressed a query from HKEX regarding high shareholding concentration, with major holders including Lam Kwok Hing at 73.11%. The stock price surged from HK$1.3 to HK$8.77, marking a 575% increase since April 13. The company confirmed compliance with public float rules, stating that at least 25% of issued shares are held by the public as of April 20, 2026.
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