According to the latest data from the Hong Kong Stock Exchange, on April 22, a shareholder of Cambridge Technology transferred shares worth HK$370 million from Merrill Lynch Far East to BNP Paribas, representing 3.82% of the holdings. Separately, Cambridge Technology announced that its A-shares experienced significant price fluctuations. The cumulative increase in the closing price over three consecutive trading days on April 17, April 20, and April 21 reached 20%, which constitutes abnormal trading volatility under the rules of the Shanghai Stock Exchange. Following a written inquiry to the company's controlling shareholder, CIG Cayman, the actual controller Mr. Gerald G Wong, and his concert party Mr. Zhao Haibo, it was confirmed that, as of now, there are no material undisclosed matters involving the company that should be disclosed. There are also no sensitive issues that could significantly impact the company's share price, including but not limited to major asset restructurings, share issuances, significant transactions, business reorganizations, share repurchases, equity incentives, bankruptcy restructuring, major business collaborations, or the introduction of strategic investors.
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