Tongda Group Shareholders Approve 50-for-1 Stock Consolidation; Shares Slide 7%

MT Newswires Live

10/10

Tongda Group (HKG:0698) said its shareholders approved a 50-for-1 consolidation of its stock, according to a Hong Kong bourse filing Thursday.

Shares of the mobile accessories maker fell 7% in late morning trade Friday.

The move would convert nearly 9.47 billion existing shares of HK$0.01 each into about 194.7 million consolidated shares of HK$0.5 each.

The company's stock trading lot size will also change to 1,000 shares from 10,000 shares on the Hong Kong Stock Exchange.

Tongda previously said the changes would help the company meet listing requirements in Hong Kong.

Trading in the consolidated shares will begin at market open on Oct. 13, while the lot size will change on Oct. 27.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2574145797"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2574145797\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2574145797?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-10 12:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2574145797","market":"sg","top_or_hot":-1,"title":"Tongda Group Shareholders Approve 50-for-1 Stock Consolidation; Shares Slide 7%","media":"MT Newswires Live","content":"<html><body><p> Tongda Group (HKG:0698) said its shareholders approved a 50-for-1 consolidation of its stock, according to a Hong Kong bourse filing Thursday.</p><p>Shares of the mobile accessories maker fell 7% in late morning trade Friday.</p><p>The move would convert nearly 9.47 billion existing shares of HK$0.01 each into about 194.7 million consolidated shares of HK$0.5 each.</p><p>The company's stock trading lot size will also change to 1,000 shares from 10,000 shares on the Hong Kong Stock Exchange.</p><p>Tongda previously said the changes would help the company meet listing requirements in Hong Kong.</p><p>Trading in the consolidated shares will begin at market open on Oct. 13, while the lot size will change on Oct. 27.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tongda Group Shareholders Approve 50-for-1 Stock Consolidation; Shares Slide 7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTongda Group Shareholders Approve 50-for-1 Stock Consolidation; Shares Slide 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-10-10 12:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Tongda Group (HKG:0698) said its shareholders approved a 50-for-1 consolidation of its stock, according to a Hong Kong bourse filing Thursday.</p><p>Shares of the mobile accessories maker fell 7% in late morning trade Friday.</p><p>The move would convert nearly 9.47 billion existing shares of HK$0.01 each into about 194.7 million consolidated shares of HK$0.5 each.</p><p>The company's stock trading lot size will also change to 1,000 shares from 10,000 shares on the Hong Kong Stock Exchange.</p><p>Tongda previously said the changes would help the company meet listing requirements in Hong Kong.</p><p>Trading in the consolidated shares will begin at market open on Oct. 13, while the lot size will change on Oct. 27.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00698","symbol_name":"通达集团(新)","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2574145797","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2574145797","pubTimestamp":1760071131,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Tongda Group  said its shareholders approved a 50-for-1 consolidation of its stock, according to a Hong Kong bourse filing Thursday.Shares of the mobile accessories maker fell 7% in late morning trade Friday.The move would convert nearly 9.47 billion existing shares of HK$0.01 each into about 194.7 million consolidated shares of HK$0.5 each.The company's stock trading lot size will also change to 1,000 shares from 10,000 shares on the Hong Kong Stock Exchange.Tongda previously said the changes would help the company meet listing requirements in Hong Kong.Trading in the consolidated shares will begin at market open on Oct. 13, while the lot size will change on Oct. 27.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00698":"通达集团(新)","BK1170":"电子元件","BK1504":"苹果概念"},"translate_title":"通达集团股东批准50换1股票合并；股价下跌7%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00698":0.9},"content_text":"Tongda Group (HKG:0698) said its shareholders approved a 50-for-1 consolidation of its stock, according to a Hong Kong bourse filing Thursday.Shares of the mobile accessories maker fell 7% in late morning trade Friday.The move would convert nearly 9.47 billion existing shares of HK$0.01 each into about 194.7 million consolidated shares of HK$0.5 each.The company's stock trading lot size will also change to 1,000 shares from 10,000 shares on the Hong Kong Stock Exchange.Tongda previously said the changes would help the company meet listing requirements in Hong Kong.Trading in the consolidated shares will begin at market open on Oct. 13, while the lot size will change on Oct. 27.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}