Changes in Hong Kong stocks | Bai Neng Group (01263) fell more than 6% in the intraday period. The company headquarters moved to Singapore and completed a second listing

The Zhitong Finance App learned that Bai Neng Group (01263) fell more than 6% in the intraday period. As of press release, it fell 4.75% to HK$4.61, with a turnover of HK$6.503 million.

According to the news, Bai Neng Group announced that the company successfully began the second listing of its shares in the form of an introduction on the Singapore Exchange at 9:00 a.m. on November 15. Shares are traded on the main board of the Singapore Exchange under the stock code “PCT”. The trading unit is 100 shares per lot. Shares are still traded on the main board of the Stock Exchange as the primary place of listing.

According to reports, Bai Neng Group is the second largest GPU video card manufacturer in the world, and owns sub-brands such as Zotai, Yingzhong, and Renaissance. According to reports, Bai Neng Group has moved its headquarters to Singapore to establish PC Partner Singapore PTE Ltd; its video card production line will also move from China to Indonesia.