Movement Alert|REALORD TEC-NEW Intraday Rise 9.01% in Regular Trading, Hong Kong Stock Connect Clarification Continues to Drive Rebound Trading

Market Focus
Oct 28

On October 28, REALORD TEC-NEW rose 9.01% intraday in Regular Trading, trading at HK$0.24, with turnover of HK$116 million.

The latest catalyst in market discussion is the company’s clarification that shares traded under stock code 1196 remain eligible for Hong Kong Stock Connect, while the removed counter was only the temporary trading counter 2922 created for the share subdivision and already discontinued as planned.

That clarification had previously triggered a sharp rebound after earlier confusion over Stock Connect eligibility. Background disclosures also showed that 81.294 million shares held in a margin account linked to a major shareholder were forcibly sold, representing about 1.41% of issued shares, which helps explain why trading has remained highly volatile even as the eligibility misunderstanding was corrected.

(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.)

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