On July 28, SICC fell 5.03% in regular trading, trading at 59.95 HKD/share, with turnover of approximately HKD 18.51 million.
On the news front, SICC's A-share listing has experienced sustained significant pullback recently, with main capital continuously flowing out. Shareholder Liaoning Zhongde and its concert parties collectively reduced holdings by approximately 4.0194 million shares from late May to early July, lowering their stake from 6.83% to 6.00%. Over the past three months, 36 discounted block trades have been recorded, maintaining persistent selling pressure on valuation. Although Point72 Associates previously increased its position by 411,100 shares to a 5.14% stake at HKD 69.93 per share on July 20, the overall A/H linkage effect has continued to weigh on the Hong Kong-listed shares.
(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.)
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