DEEWIN (02418) fell more than 8%, extending its decline. At the time of writing, the stock was down 7.9% to HK$8.51, with a turnover of HK$8.65 million. The drop follows a recent announcement by Hong Kong's Securities and Futures Commission (SFC), which disclosed an inquiry into the company's shareholding distribution. The findings revealed that as of November 18, ten major shareholders collectively held 546 million shares, representing 98.9% of the company's issued H-share capital. Consequently, only 6.05 million shares, or 1.1% of the issued H-share capital, were held by other investors.
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