Movement Alert｜HIPINE Intraday Rise 5.63%, Major Shareholders Commit Not to Reduce Holdings for 12 Months

Market Focus11-12 11:22

On November 12, HIPINE recorded an Intraday Rise of 5.63% in Regular Trading, trading at HK$60.65, with turnover of HK$23.65 million.

The move followed the company’s previously disclosed voluntary non-disposal commitment, under which its 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.

According to the company’s disclosure, the commitment covers four controlling shareholders and one major shareholder, together representing about 66.72% of total shares. The announcement came after one controlling shareholder had sold 100,000 shares on-market in mid-October, equivalent to about 0.17% of issued shares, so the new collective pledge helps ease investor concerns over further stake sales and reinforces expectations around the company’s longer-term value.

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