Baigai New Materials Plunges 5% to Record Low Amid Share Transfer

HK Stock Market Update
2026.07.13 01:50

Baigai New Materials (8090.HK) tumbled 5% during regular trading to HK$5.10, hitting a record low.

Exchange records show share transfers totaling HK$6.3 million on July 10, representing 6.79% of holdings. A shareholder transferred 404,000 shares to Soochow Securities International and moved 374,500 shares out of Dasheng Securities.