Hang Sang (Siu Po) Clarifies Share Sale and Announces Trading Resumption
Reuters
Nov 03, 2025
Hang Sang (Siu Po) Clarifies Share Sale and Announces Trading Resumption
Hang Sang (Siu Po) International Holding Company Limited issued a clarification announcement following recent declines in its share price and increased trading volume. The company confirmed that its controlling shareholder, Wade Investment SPC Ltd, sold approximately 13,976,000 shares on 31 October 2025. After this transaction, the controlling shareholder retains about 67.21% of the company's issued shares. The company stated that it is not aware of any other reasons for the unusual market activity or any information that needs to be disclosed to prevent a false market. Trading in the company's shares, which was previously halted, is set to resume following the release of this announcement.
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