Hong Kong Regulator Flags SMART GLOBE (01481) for High Share Concentration

Stock News
Feb 05

The Securities and Futures Commission (SFC) of Hong Kong recently conducted an inquiry into the shareholding distribution of SMART GLOBE (01481). The inquiry results revealed that as of January 27, 2026, 20 shareholders collectively held 176 million shares of the company, equivalent to 17.30% of its issued share capital. This stake, combined with 750 million shares (representing 73.53% of the issued share capital) held by one major shareholder of the company, amounted to 90.83% of the total issued shares. Consequently, only 93.54 million shares (9.17% of the issued share capital) were held by other shareholders. The company's closing share price rose 275% from HK$0.80 on October 9, 2025, to HK$3.00 on January 27, 2026. On February 4, 2026, the company's share price closed at HK$2.94, which was 268% higher than the closing price of HK$0.80 on October 9, 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10