Significant Share Position Change in Poly Xverse IT with HK$119 Million in Value Transferred

Stock News
Jun 02

Hong Kong exchange data reveals a notable change in share positions for Poly Xverse IT (00209) on June 1st. The total value of the transferred positions amounted to HK$119 million, representing 16.06% of the relevant holdings.

In this transaction, a shareholder of the company transferred 236 million shares into Weihua Da Securities while simultaneously transferring out the same number of shares from Wutong Securities.

Separately, Poly Xverse IT announced its financial results for the year ending December 31, 2025. The company reported revenue of HK$382 million, marking a year-on-year decrease of 25.9%. The loss attributable to the company's owners widened by 27.1% to HK$92.83 million. The basic loss per share was 42.1 HK cents.

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