HK Stock Market Move | CHINA TIANRUI (01252) fell by over 11% during trading and will release its interim financial results on Friday. There may be significant differences compared to the preliminary mid-year results.

CHINA TIANRUI (01252) fell more than 11% intraday, dropping 6.82% to HKD 0.41 by the time of publication, with a turnover of HKD 14.55 million. On the news front, CHINA TIANRUI announced that the company will hold a board meeting on December 20 to approve its interim performance. The company previously announced that due to significant differences expected between the preliminary interim performance for 2024 released on November 29, 2024, and the final interim performance for 2024 to be released on December 20, 2024, shareholders and potential investors are advised not to rely on the preliminary interim performance for trading the company's shares, but rather to wait for and refer to the final interim performance for 2024. It is reported that on April 9 this year, CHINA TIANRUI's stock price dipped by 99% at the close. On April 10, CHINA TIANRUI announced that trading of the company's shares would be suspended as of 9 a.m. on the same day to await the release of insider information about the company. The company announced after the trading suspension that the controlling shareholder YUKUO stated that approximately 143 million shares were forcibly sold from their margin trading account due to the unusual drop in stock price on April 9.