Smartphone Maker's Share Deposit Reaches HK$46.86 Million, with Major Shareholder Moving 66 Million Shares to Broker

Stock News

08/11

Fresh data from Hong Kong Exchanges and Clearing Limited reveals that on August 10, COOLPAD GROUP (02369) experienced a notable shift in its share depository, with the total market value of deposited shares reaching HK$46.86 million, accounting for 19.88% of the company's issued shares. A shareholder of the company has deposited 66 million shares into Yucheng Global Market, while the shareholder's stake remained unchanged.

COOLPAD GROUP announced that all conditions for the placing have been met, and the placing was completed on August 10, 2026. The placing agent successfully placed a total of 66 million placing shares to no fewer than six placees at a placing price of HK$0.53 per placing share.

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