HK Stock Market Move | VITASOY INT'L (00345) rose by over 4% again recently, with an additional increase in holdings by the house under the Chloe Zhao family.

VITASOY INT'L (00345) rose more than 4%, with a 4.45% increase as of the time of publication, reaching 9.63 Hong Kong dollars per share, with a trading volume of 45.7981 million Hong Kong dollars. In terms of news, according to the Hong Kong Stock Exchange data, the family office of Kuang Ming Investments Pte Ltd, led by Huang Zhida, the brother of SINO LAND chairman Huang Zhixiang, invested approximately 7.5225 million Hong Kong dollars on February 5 to increase their holdings of 86,600 shares of VITASOY INT'L at a price of 8.6865 Hong Kong dollars per share. After the increase, the total number of shares held by Huang Zhida's family office is 86.104 million shares, representing a 8.02% stake. It is worth mentioning that this is the second time Huang Zhida has declared an increase in his holdings of VITASOY INT'L since January 6. Last October, the Yang Heung Shing family held shares of VITASOY INT'L through a takeover bid, and in less than two months, Huang Zhida's Vitasoy equity increased to 12%. However, the pace of Huang Zhida's increase in holdings has noticeably slowed since the end of November last year.