A recent filing with the Hong Kong Stock Exchange revealed that on April 13, a shareholder of HSC RESOURCES (01850) transferred a portfolio of shares from TF International Securities and Futures to USmart Securities. The transferred holdings had a market value of HKD 13.4638 million, representing 6.60% of the company's issued share capital.
This transaction follows the company's announcement of its interim results for the six-month period ended October 31, 2025. The company reported revenue of approximately HKD 269 million, a decrease of 1.0% compared to the same period last year. It recorded a loss attributable to owners of the company of HKD 2.97 million, a shift from a profit in the previous corresponding period. The loss per share was 1.72 HK cents.
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