On July 27, NEW GONOW RV rose 6.2% in regular trading, trading at 7.13 HKD/share, with turnover of HKD 155 million.

On the news front, the latest Hong Kong Exchange filings revealed that on July 23, a company shareholder deposited approximately 49.6696 million shares into First Shanghai Securities, with a total deposit value of approximately HKD 308 million, representing 5.17% of total shares outstanding. The substantial deposit action is widely interpreted as reflecting institutional capital allocation intent, sparking renewed market interest in the stock.

It is worth noting that this is not the first such deposit activity. Back in late February, a shareholder deposited shares into First Shanghai Securities with a value of HKD 96.23 million, and in early March, shares were subsequently transferred from First Shanghai to Luk Fook Securities worth HKD 160 million. Additionally, major shareholder Xia Bin acquired approximately 131.74 million shares in early March at HKD 1.12 per share, significantly boosting his stake to 13.73%.

NEW GONOW RV is an investment holding company principally engaged in the design, development, manufacture, and sale of customized towable recreational vehicles, marketed under the Snowy River, Regent, and NEWGEN brands primarily in Australia and New Zealand.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)