AMTD International slumped over 8% in premarket trading and tumbled nearly 70% in 4 days.
Billionaire Li Ka-shing’s CK Group is selling its remaining stake inAMTD Group Co., the parent of the financial firm whose shares soared more than 14,000% after listing less than three weeks ago.
CK currently holds less than 4% of AMTD Group, according to a statement Thursday. It’s not invested in AMTD Digital Inc., the company whose market cap has surpassed that of most financial giants.
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