CHINA UPTOWN (02330) Shareholder Transfers Shares from Fairwin Securities to YueShang International Securities, Transfer Value Hits HK$17.49 Million

Stock News
2025/11/18

Latest data from the Hong Kong Stock Exchange reveals that on November 17, a shareholder of CHINA UPTOWN (02330) transferred shares from Fairwin Securities to YueShang International Securities, with a transfer value of HK$17.49 million, accounting for 7.43% of the company's holdings.

On October 28, CHINA UPTOWN announced that all conditions under the placement agreement had been fulfilled, and the placement was completed on October 28, 2025. A total of 75.47 million placement shares were successfully allocated by the placing agent to three subscribers at HK$0.180 per share, in accordance with the terms of the agreement. The subscribers included Mr. Chen Hui, Ms. Liu Xiaoling, and Mr. Li Yanyong, each acting as individual investors. The placement shares represented approximately 16.67% of the company's enlarged issued share capital following the completion of the placement.

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