Hong Kong Stock Alert | NANSHAN AL INTL (02610) Falls Over 5%, Stock Price Hits Month-Low as Share Unlock Approaches This Thursday

Stock News
09/23

NANSHAN AL INTL (02610) dropped over 5%, hitting an intraday low of HK$39.32, marking a new low for more than a month. As of press time, the stock fell 5.39% to HK$39.66, with a turnover of HK$25.5489 million.

On the news front, NANSHAN AL INTL will face a share unlock on September 25 (this Thursday). According to the company's previous announcement, the lock-up commitments of four cornerstone investors including Glencore International AG, Hong Kong Topway Trading Limited, and Ruizhong International Industrial Equipment (Hong Kong) Limited will expire on September 24, 2025, with a cumulative total of 35.1363 million shares to be unlocked.

It is noteworthy that according to Hong Kong Stock Exchange data, on September 18, shareholders of NANSHAN AL INTL deposited shares with Huatai Hong Kong, with a deposited market value of HK$9.32 billion, accounting for 37.36% of the total.

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