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Stock Track | Laekna's Shares Plummet 10.94% on Plan to Place 17.6 Million New Shares

Stock Track2024-11-21

Laekna's stock (2105.HK) plummeted by 10.94% during Thursday's trading session, underperforming the broader market.

The sharp decline came after the company announced plans to place an aggregate of 17.6 million new shares at HK$13.36 per share. This share placement could dilute existing shareholders' stakes and weigh on the stock price.

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