HK Stock Market Move | EASOU TECH (02550) falls by more than 37% again, the pre-IPO shareholders will face lock-up expiry next month, with frequent abnormal activities of capital flow recently.

EASOU TECH (02550) plunged by 66% yesterday, and plunged again by over 37% this morning. As of the time of writing, it has dropped by 37.14% to 10.02 Hong Kong dollars, with a turnover of 1.08 billion Hong Kong dollars. On the news front, about 197 million shares held by EASOU TECH's pre-listing shareholders will be unlocked on December 9. It is worth noting that EASOU TECH has experienced multiple changes in storage and repositioning since its listing. On October 14, there was a repositioning with a transfer ratio of 2.16%, moving from Zhongtai International Securities to Yuan Ku Securities; On November 14, the stock experienced a storage change with a storage ratio of 13.65%, and was stored in CMB International Securities. Previously in the article "EASOU TECH (02550) "Crazy October": Behind the Extreme Ups and Downs, the Market Faces an 8.7 Billion Unlock", it was pointed out that by the end of 2022, the original institutional shareholders of Yisou Shenzhen had signed subscription agreements with EASOU TECH, with SBCVC Fund III corresponding to a price of 2.94 yuan, Estate Success at 3.64 yuan, Golden River Capital at 0.61 US dollars, and other investors at prices ranging from 0.32 to 4.45 yuan. Based on the closing price of 44.4 Hong Kong dollars on October 31, even if bought in at the highest price of 4.45 yuan, the profit would have already reached about ten times.