Changes in Hong Kong stocks | China Financial Investment Management (00605) fell by more than 11% and was sold by major shareholders 9.56% of the shares

The Zhitong Finance App learned that China Financial Investment Management (00605) fell by more than 11%, and the current stock price has fallen by nearly 60% from its monthly high. It is worth noting that the stock was previously bombarded by capital and violently boosted for many days. On October 2, it once surged nearly tenfold during the intraday period. As of press release, it decreased by 11.63% to HK$1.14, with a turnover of HK$3.452 million.

According to the news, China Financial Investment Management announced that the directors of the company learned through the disclosure of equity declarations made by the major shareholder SME at the time that it had sold a total of 20 million shares of the company on the open market on October 4 and October 7 this year, which is equivalent to about 9.56% of the total number of issued shares. As of October 10, the number of shares in the group held by SCO SMEs was 8.061 million shares, which is equivalent to about 3.85% of the total number of issued shares. As a result, SCO SMEs are no longer the main shareholders of the company.