China Logistics Data Tumbles Nearly 8% On Board Changes, Hits New Low
China Logistics Data (9698.HK) tumbled nearly 8% during regular trading to HK$27.92, marking a new 52-week low with turnover exceeding HK$94 million.
The company completed its annual general meeting on June 25, 2026, with David Zhang elected to replace outgoing director Satoshi Okada. Directors Gary J. Wojtaszek and Kathy Chen were re-elected.
Hong Kong technology index fell 1.63% the previous day as Chinese stocks faced broad pressure. GDS ADR declined 6.3% same day while the Hong Kong listing dropped around 4%, continuing the weak trend today.
