On October 27, REALORD TEC-NEW fell 8.93% in Regular Trading, trading at HK$0.255, with turnover of HK$55.6871 million.
The latest market-moving context points to fading support from the company’s recent clarification that shares traded under stock code 1196 still qualify for Hong Kong Stock Connect, while investors remained cautious after an earlier forced sale involving 81.294 million shares.
The company had stated that reports about removal from Stock Connect were inaccurate, explaining that the security removed on October 21 was temporary trading counter 2922 created for the share subdivision, not the original 1196 counter. Earlier, the board disclosed unusual price and volume moves after 81.294 million shares held in a margin account by Merrill Holdings were forcibly sold, representing about 1.41% of issued shares. The combination suggests the clarification-driven rebound has weakened, while prior disposal-related volatility continues to affect trading.
(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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