Bailong Chuangyuan fell nearly 6% as Qingdao Kaijin and its concerted parties plan to reduce their holdings by no more than 4.95%
Bailong Chuangyuan today fell by 5.8% during trading to CNY 17.71. Bailong Chuangyuan announced that its shareholder Qingdao Kaijin and its concerted party Jiaxing Kaijin expect to reduce their shareholding by a total of no more than 15,992,700 shares within three months after the fifteenth trading day from the date of this announcement, which is no more than 4.95% of the company's total share capital