Hong Kong Regulator Flags High Ownership Concentration in LX Technology

Stock News

02/09

The Hong Kong Securities and Futures Commission (SFC) has announced the findings of an inquiry into the shareholding distribution of LX Technology (02436). The investigation revealed that as of January 26, 2026, 25 shareholders collectively held 326 million shares of the company, accounting for 92.27% of its total issued share capital. Consequently, only 27.2936 million shares, representing 7.73% of the issued capital, were held by other shareholders.

The closing price of the company's shares surged 241% from HKD 4.07 on December 23, 2025, to HKD 13.87 by January 26, 2026. On February 6, 2026, the share price closed at HKD 12.10, reflecting a 197% increase compared to the closing price of HKD 4.07 on December 23, 2025.

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The investigation revealed that as of January 26, 2026, 25 shareholders collectively held 326 million shares of the company, accounting for 92.27% of its total issued share capital. Consequently, only 27.2936 million shares, representing 7.73% of the issued capital, were held by other shareholders.</p>\n<p>The closing price of the company's shares surged 241% from HKD 4.07 on December 23, 2025, to HKD 13.87 by January 26, 2026. 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