Lancang Tea Stock Shift Totals HK$11.07M After Broker Account Movement

Stock News08-11

Data from the Hong Kong Stock Exchange reveals that on August 10, a notable position change occurred for Lancang Tea (06911), with a total transfer value of HK$11.07 million, representing an 8.11% stake.

The company's shareholder transferred 4.5 million shares into CSC International Securities while simultaneously moving the same number of shares out of HSBC Hong Kong.

Lancang Tea (06911) has issued a profit guidance, forecasting group revenue of approximately RMB 155 million to RMB 170 million for the half-year ending 2026. This would represent an increase of roughly 29.70% to 42.25% compared to the RMB 119.5 million in revenue recorded for the six months ended June 30, 2025.

Additionally, the company expects to post a net profit attributable to shareholders of between RMB 1.5 million and RMB 3.0 million, marking a return to profitability after a net loss of RMB 29.17 million in the prior corresponding period.

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