Walnut Capital Limited (0905.HK) saw its stock price plummet by 6.36% in the intraday trading session, following a company statement addressing recent stock price movements and announcing changes in its leadership structure.

The company issued a warning to investors about potential significant price fluctuations due to a high concentration of shares held by a small number of shareholders. Walnut Capital urged investors to exercise extreme caution when trading its shares, highlighting the increased risk of volatility. This cautionary statement appears to have sparked concern among investors, contributing to the sharp decline in stock price.

Adding to the market's reaction, Walnut Capital also announced changes in its top leadership. Mung Hon Ting, Jackie, has been appointed as Co-Chairman, while Mung Kin Keung has been re-designated to the position of Co-Chairman. These organizational changes at the highest level of the company may have further influenced investor sentiment, as the market assesses the potential impact on the company's future direction and performance.