Information from the Hong Kong Stock Exchange reveals a significant position change for B.DUCK SEMK (02250) on June 15. The total value of the transferred shares amounted to HK$47.68 million, representing 9.85% of the holdings.
Shareholders of the company moved 99.258 million shares into Citibank, while transferring the same number of shares out from HSBC.
This development follows a recent announcement from B.DUCK SEMK, which projected a net loss attributable to equity holders of no less than HK$78 million for the 2025 fiscal year. This compares to a net loss of approximately HK$46.4 million recorded for the 2024 fiscal year.