---
title: "Baigai New Materials Plunges 5% to Record Low Amid Share Transfer"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292424110.md"
description: "Baigai New Materials (8090.HK) fell 5.02% to a record low of HK$5.10 as shares were transferred between shareholders."
datetime: "2026-07-13T01:50:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292424110.md)
  - [en](https://longbridge.com/en/news/292424110.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292424110.md)
---

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

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.

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