Hong Kong Regulator Flags High Ownership Concentration in LX Technology

Stock News
Feb 09

The Hong Kong Securities and Futures Commission (SFC) has announced the findings of an inquiry into the shareholding distribution of LX Technology (02436). The investigation revealed that as of January 26, 2026, 25 shareholders collectively held 326 million shares of the company, accounting for 92.27% of its total issued share capital. Consequently, only 27.2936 million shares, representing 7.73% of the issued capital, were held by other shareholders.

The closing price of the company's shares surged 241% from HKD 4.07 on December 23, 2025, to HKD 13.87 by January 26, 2026. On February 6, 2026, the share price closed at HKD 12.10, reflecting a 197% increase compared to the closing price of HKD 4.07 on December 23, 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