On May 28, Haichang Ocean Park (02255.HK) fell 6.1% in regular trading, trading at HK$0.39/share, with trading volume of approximately HK$55.90 million. The stock continued to give back gains from a speculative rally triggered by unconfirmed investment rumors.

On the news front, the stock had surged over 40% on May 20 following reports that GLP co-founder and CEO Ming Mei was considering an investment through his family office. However, all reports cited unnamed sources, with key caveats including that discussions were preliminary and may not result in a transaction. The stock has since retreated sharply as market participants reassess the rumor's credibility.

On fundamentals, the company reported revenue of RMB 1.549 billion for the year ended December 2025, down 14.8% year-over-year, with shareholder-attributable losses widening 29.2% to RMB 956 million. The company carries a debt-to-asset ratio of 73.97% and faces potential removal from Stock Connect eligibility due to insufficient average market capitalization.

(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.)