Movement Alert｜WellCell Rises 8.22% in Regular Trading, Board Restructuring and Major Shareholder Disposal Completion Boost Sentiment

Market Focus06-29

On June 29, WellCell rose 8.22% in regular trading, trading at 0.385 HKD/share, with turnover of approximately 67.5 million HKD.

On the news front, the company announced board personnel changes on June 26. Hu Hongyu was appointed as independent non-executive director and remuneration committee chairperson, while board chairman Qian Fenglei was appointed as nomination committee chairman and investment committee member. The changes followed the resignation of non-executive director Lin Qihao and independent non-executive director Huang Zhiwen, both citing personal business commitments.

Additionally, 576 million shares previously sold by major shareholder WellCell Group were deposited into Beta International Securities on June 23, with a deposited market value of approximately 230 million HKD, representing 14.40% of issued shares. The sale was executed at 0.3445 HKD per share. This completion marks the conclusion of the disposal overhang that had weighed on shares since early June, when the stock fell over 9% on the initial announcement. The removal of selling pressure has facilitated short-term capital inflows and a price rebound.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1100316790?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-29 10:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1100316790","market":"hk","top_or_hot":-1,"title":"Movement Alert｜WellCell Rises 8.22% in Regular Trading, Board Restructuring and Major Shareholder Disposal Completion Boost Sentiment","media":"Market Focus","content":"<p><p>On June 29, WellCell rose 8.22% in regular trading, trading at 0.385 HKD/share, with turnover of approximately 67.5 million HKD.</p><p>On the news front, the company announced board personnel changes on June 26. Hu Hongyu was appointed as independent non-executive director and remuneration committee chairperson, while board chairman Qian Fenglei was appointed as nomination committee chairman and investment committee member. The changes followed the resignation of non-executive director Lin Qihao and independent non-executive director Huang Zhiwen, both citing personal business commitments.</p><p>Additionally, 576 million shares previously sold by major shareholder WellCell Group were deposited into Beta International Securities on June 23, with a deposited market value of approximately 230 million HKD, representing 14.40% of issued shares. The sale was executed at 0.3445 HKD per share. This completion marks the conclusion of the disposal overhang that had weighed on shares since early June, when the stock fell over 9% on the initial announcement. The removal of selling pressure has facilitated short-term capital inflows and a price rebound.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜WellCell Rises 8.22% in Regular Trading, Board Restructuring and Major Shareholder Disposal Completion Boost Sentiment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜WellCell Rises 8.22% in Regular Trading, Board Restructuring and Major Shareholder Disposal Completion Boost Sentiment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-29 10:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 29, WellCell rose 8.22% in regular trading, trading at 0.385 HKD/share, with turnover of approximately 67.5 million HKD.</p><p>On the news front, the company announced board personnel changes on June 26. Hu Hongyu was appointed as independent non-executive director and remuneration committee chairperson, while board chairman Qian Fenglei was appointed as nomination committee chairman and investment committee member. The changes followed the resignation of non-executive director Lin Qihao and independent non-executive director Huang Zhiwen, both citing personal business commitments.</p><p>Additionally, 576 million shares previously sold by major shareholder WellCell Group were deposited into Beta International Securities on June 23, with a deposited market value of approximately 230 million HKD, representing 14.40% of issued shares. The sale was executed at 0.3445 HKD per share. This completion marks the conclusion of the disposal overhang that had weighed on shares since early June, when the stock fell over 9% on the initial announcement. The removal of selling pressure has facilitated short-term capital inflows and a price rebound.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02477","symbol_name":"经纬天地(新)","start_time":0,"source_url":"","article_id":"1100316790","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1100316790","pubTimestamp":1782698649,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 29, WellCell rose 8.22% in regular trading, trading at 0.385 HKD/share, with turnover of approximately 67.5 million HKD.On the news front, the company announced board personnel changes on...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02477":"经纬天地(新)"},"translate_title":"动向提示|WellCell常规交易涨8.22%董事会重组及大股东处置完成提振人气","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02477":1},"content_text":"On June 29, WellCell rose 8.22% in regular trading, trading at 0.385 HKD/share, with turnover of approximately 67.5 million HKD.On the news front, the company announced board personnel changes on June 26. Hu Hongyu was appointed as independent non-executive director and remuneration committee chairperson, while board chairman Qian Fenglei was appointed as nomination committee chairman and investment committee member. The changes followed the resignation of non-executive director Lin Qihao and independent non-executive director Huang Zhiwen, both citing personal business commitments.Additionally, 576 million shares previously sold by major shareholder WellCell Group were deposited into Beta International Securities on June 23, with a deposited market value of approximately 230 million HKD, representing 14.40% of issued shares. The sale was executed at 0.3445 HKD per share. This completion marks the conclusion of the disposal overhang that had weighed on shares since early June, when the stock fell over 9% on the initial announcement. The removal of selling pressure has facilitated short-term capital inflows and a price rebound.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1100316790","isCrawlerRequest":true}