Movement Alert｜HIPINE Intraday Rise 5.57% in Regular Trading, Major Shareholders Commit Not to Reduce Holdings for 12 Months

Market Focus11-13 14:46

On November 13, HIPINE recorded an Intraday Rise of 5.57% in Regular Trading, with shares trading at HK$61.05 and turnover of HK$19.86 million.

The move followed the company’s previously disclosed voluntary non-disposal commitment, under which four controlling shareholders and major shareholder Jinyingu Investment pledged not to directly or indirectly reduce any H shares for 12 months in order to support share price stability and market confidence.

Based on the company’s disclosure, the commitment covers about 66.72% of total shares. The pledge came after one controlling shareholder had sold 100,000 shares on-market in mid-October, so the collective commitment helped ease concerns over further selling and reinforced expectations around the company’s long-term value.

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