On June 11, Kingworld Tiandi (New) fell 10.2% in regular trading, trading at HKD 0.435/share, with trading volume of HKD 38.79 million.

On the news front, the company's major shareholder Kingworld Tiandi Group announced on June 10 that it entered into three sale agreements to dispose of a total of 576 million shares at HKD 0.3445 per share to three individuals. Upon completion, its holdings will decrease from 664 million shares to 88 million shares (approximately 2.2% of total issued share capital), and it will cease to be a major shareholder. The sale price represents a significant discount to the prevailing market price.

This accelerated exit compounds earlier selling pressure after China Intelligent Health's subsidiary Future Empire completed a full disposal of its 4.0512 million Kingworld Tiandi shares on June 8 at an average price of approximately HKD 0.56 per share, booking a pre-tax loss of approximately HKD 11.303 million. Multiple shareholders exiting in rapid succession has intensified market selling pressure. The stock had previously suffered a flash crash on May 21, plunging 83.16% in a single day from approximately HKD 5 to HKD 0.83.

(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.)