Changes in Hong Kong stocks | China's Bolton (03318) fell more than 11% to take back most of the gains, Shenzhen Bolton signed a land acquisition agreement and will receive 2,272 billion yuan in cash compensation

The Zhitong Finance App learned that China's Bolton (03318) fell after opening 55% higher yesterday, closed up 16% on the same day, and fell nearly 12% today to take back most of the gains. As of press release, it fell 11% to HK$1.86, with a turnover of HK$3.332,500.

According to the news, China's Bolton announced that Shenzhen Bolton, an indirect wholly-owned subsidiary of the company, signed a land acquisition agreement with the local department Xili Subdistrict Office in Nanshan District of Shenzhen on December 7, 2025. The plan is to hand over the proposed land to the local department and the right to use it, in exchange for cash compensation of 2,272 billion yuan. The agreement involves the transfer of land from Nanshan District, with compensation of approximately HK$2,495 billion, which is expected to have a positive impact on the company's finances.