According to the latest data from the Hong Kong Stock Exchange, on September 12, a shareholder of SHANGHAI GROWTH (00770) transferred stocks from Yuan Ku Securities to Future Finance, with a transfer value of HK$715,900, representing 12.14% of the total holdings.
SHANGHAI GROWTH announced its interim results for 2020, reporting a net loss of approximately US$154,000, representing a year-over-year increase of 28.98%. The loss per share was 1.44 US cents.
The announcement stated that the increase in net loss was attributed to a year-over-year decrease in unrealized gains from the company's listed securities holdings.