Lerado Financial Group Company Limited (1225) announced a series of disposals involving 12,680,000 shares of China New Economy Fund Limited (80) on 23 October, 24 November, and 25 November 2025. The transaction occurred on the open market, generating a total consideration of approximately HK$5.2 million at an average price of around HK$0.41 per share. According to the company, the disposals are expected to result in a gain of about HK$4 million.
The disposed shares constituted roughly 0.64% of China New Economy’s issued capital, and Lerado Financial Group no longer holds any of these shares. The company indicated that the disposals were made to enhance cash flow and that the proceeds are intended for general working capital. Given the applicable percentage ratios exceeding 5% but remaining below 25%, the transaction meets the threshold of a discloseable transaction under Chapter 14 of the Listing Rules.