HK Stock Market Move | VITASOY INT'L (00345) rose more than 5% as of the end of September, with a cumulative increase of more than 1.3 times. The shareholding percentage of Wong Chi Tat has climbed to 11.04%.

VITASOY INT'L (00345) rose more than 5%, with a cumulative increase of over 1.3 times since the end of September. As of the time of writing, it rose by 5.16% to HK$11, with a turnover of HK$36.24 million. In terms of news, the Hong Kong Exchange's equity disclosure information showed that the younger brother of Sino Land Chairman, Daryl Ng, acquired 2 million shares of Vitasoy at an average price of HK$10.0386 per share, involving HK$200.77 million. After the acquisition, Daryl Ng's shareholding of Vitasoy reached 118 million shares, increasing his stake to 11.04%. On October 7th, Daryl Ng first declared that, through his company Yang Xiecheng and his family office, he collectively held over 5% of Vitasoy's equity. In response to this, Sino Land announced, "The acquisition action is in line with the policy of investing in leading companies in the Asian region and has increased the company's investment in the plant-based beverage industry in mainland China and Hong Kong." It also stated that the company may consider further investment.