DEEWIN once fell over 50% but has now risen. The China Securities Regulatory Commission recently named the issue of highly concentrated shareholding

DEEWIN (02418.HK) was recently named by the Securities and Futures Commission for its highly concentrated shareholding. After a sharp drop of 28% on the previous day (3rd), the stock opened down 1.4% this morning (4th), and at one point fell 52.6% to a low of HKD 3.34, marking a nearly two-month low. However, it quickly rebounded after finding support at the low. By the afternoon, it was last reported at HKD 7.99, up 13.3%, with a trading volume of 3.4215 million shares, involving HKD 24.8121 million.

The Securities and Futures Commission announced after the market close on Tuesday (2nd) that it had recently inquired about the share distribution of DEEWIN. The results showed that on November 18th, ten shareholders collectively held 546 million shares, accounting for 98.9% of the company's issued H-share capital. Therefore, only 6.0545 million shares, or 1.1% of the issued H-share capital, are held by other investors