HK Stock Movement | YEEBO (INT'L H) (00259) Plunges Over 22% as Affiliate Faces CSRC Probe Over Alleged Financial Fraud

Stock News

Nov 03

YEEBO (INT'L H) (00259) saw its losses widen to over 22% in afternoon trading, hitting a 21.41% decline at press time to HK$3.45, with a turnover of HK$23.70 million.

The sharp drop follows the company’s disclosure that its affiliate, Suzhou Qingyue (listed on the STAR Market, in which YEEBO holds a 28.08% stake), received a formal investigation notice from the China Securities Regulatory Commission (CSRC) on November 1, 2025. The probe relates to suspected misrepresentation in Suzhou Qingyue’s periodic financial reports.

Suzhou Qingyue stated it would fully cooperate with the CSRC’s investigation while maintaining normal business operations. Founded in 2010, Suzhou Qingyue specializes in OLED and other advanced display technologies for IoT applications, having gone public on the STAR Market in December 2022.

YEEBO recently reported that Suzhou Qingyue posted a net loss attributable to shareholders of RMB13 million for Q3 2025 and RMB43 million for the first nine months of the year.

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