On June 10, Jingwei Tiandi (New) declined 8.49% in regular trading, trading at HKD 0.49 per share, with trading volume of HKD 152 million.

On the news front, the stock continues to experience severe volatility following its dramatic flash crash on May 21, when shares plunged 83.16% from approximately HKD 5 to HKD 0.83, with turnover exceeding 105% and trading volume reaching HKD 4.625 billion in a single session. Since then, the stock has repeatedly posted single-day swings of over 8% in both directions.

Adding to selling pressure, China Intelligent Health (00348.HK) disclosed that its wholly-owned subsidiary Future Empire sold its entire remaining holding of 4,051,200 shares on June 8 at an average price of approximately HKD 0.56 per share, totaling approximately HKD 2.269 million in proceeds. Future Empire expects to record a pre-tax loss of approximately HKD 11.303 million on the disposal and no longer holds any shares in the company. Additionally, the Shanghai Stock Exchange has removed the old Jingwei Tiandi shares from Stock Connect eligibility. The stock remains down over 89% from its pre-crash highs.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)