---
title: "Asia Tele-Net addresses HKEX query on high shareholding concentration"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285202455.md"
description: "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."
datetime: "2026-05-05T12:05:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285202455.md)
  - [en](https://longbridge.com/en/news/285202455.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285202455.md)
---

# Asia Tele-Net addresses HKEX query on high shareholding concentration

-   Asia Tele-Net and Technology flagged a high shareholding concentration inquiry triggered by a Securities and Futures Commission review of holdings as of April 20, 2026. \* Main holders: Lam Kwok Hing 73.11%; group of 20 shareholders 17.69%; other shareholders 9.2%. \* Stock surged to HK$7.58 on April 20 from HK$1.3 on April 13, up 483%; closed at HK$8.77 on May 4, up 575% from April 13. \* Company confirmed compliance with Hong Kong public float rules, citing at least 25% of issued shares held by public as of April 20. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asia Tele-Net & Technology Corporation Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260505-12146864), on May 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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