Sanhuan Group falls over 4% to 100.60 HKD on new low
Sanhuan Group (6951.HK) tumbled more than 4% during regular trading to 100.600 HKD, marking a record low.
The decline follows the company's recent completion of an equity placement and convertible bond issuance, raising approximately 2.35 billion HKD. While the capital is intended to support business expansion, investors have expressed concern over potential share dilution and short-term price pressure, weighing on the stock.
Source: HK Stock Market Update The copyright of this article belongs to the original author/organization.
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