CHINA UPTOWN (02330) Shareholder Transfers Shares from YueShang International Securities to HSBC Hong Kong with Transfer Value of HK$6.11 Million

Stock News12-02

Latest data from the Hong Kong Stock Exchange shows that on December 1, a shareholder of CHINA UPTOWN (02330) transferred shares from YueShang International Securities to HSBC Hong Kong. The transfer had a market value of HK$6.11 million, accounting for 8.48% of the company's shares.

On October 28, CHINA UPTOWN announced that all conditions under the placement agreement had been fulfilled, and the placement was completed on October 28, 2025. A total of 75.47 million placement shares were successfully allotted by the placing agent at HK$0.180 per share to three placees: Mr. Chen Hui, Ms. Liu Xiaoling, and Mr. Li Yanyong. These shares represent approximately 16.67% of the company's enlarged issued share capital following the placement.

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