A significant shift in share positions occurred on August 7 for ALCO HOLDINGS (00328), according to the latest data from Hong Kong Exchange. The total value of the transferred shares amounted to HKD 27.22 million, accounting for 23.18% of the company's issued shares.

In this move, the company's shareholder transferred 8.53 million shares into CheFong Securities and moved 28 million shares out of Wang Cheong Securities. The transfer highlights a notable change in the company's shareholder base.

ALCO HOLDINGS previously reported its financial results for the year ending March 31, 2026. The company's revenue from continuing operations reached HKD 123 million, representing a 23.35% increase compared to the prior year. However, the net loss widened to HKD 86.89 million, expanding by 35.2% year-over-year, with a loss per share of HKD 3.48.