YOFC Shareholder Transfers HK$950 Million Worth of Stock from Citibank to Morgan Stanley Hong Kong Securities

Stock News
02/24

A recent transfer of shares for YOFC (06869) has been recorded by the Hong Kong Stock Exchange. On February 23, a shareholder moved a stake valued at HK$950 million from Citibank to Morgan Stanley Hong Kong Securities. This transfer represents 2.02% of the company's total shares.

In a separate announcement, YOFC disclosed that its stock price had experienced significant volatility. From February 6 to February 10, 2026, the closing price increased by more than 20% over three consecutive trading days. According to the relevant rules of the Shanghai Stock Exchange, this constitutes an abnormal trading fluctuation. Following an internal review and consultation with its largest shareholder, China Huaxin Post & Telecommunication Economy Development Center, the company confirmed that, as of the announcement date, there was no material information that had not been disclosed.

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