HK Stock Market Move | HSSP International (03626) fell more than 20%, named by the Hong Kong Securities and Futures Commission for having a highly concentrated ownership.

HSSP INTL (03626) fell by more than 20%. It is worth noting that as of July 3, 2025, the closing price of the stock was HKD 9.51, an increase of 806% from the closing price of HKD 1.05 on March 26, 2025. As of the submission, it fell by 19.58% to HKD 7.68, with a turnover of HKD 2.6674 million. On the news front, HSSP INTL announced that the Securities and Futures Commission recently made inquiries about the company's shareholding distribution. The inquiry results showed that as of June 18, 2025, there were 22 shareholders collectively holding 27.818 million shares of the company, equivalent to 15.12% of the company's issued share capital. These shares, along with 138 million shares held by a controlling shareholder of the company (representing 75.01% of the issued shares), accounted for 90.13% of the total issued shares of the company as of June 18, 2025. Therefore, the company only had 18.168 million shares (representing 9.87% of the issued shares) held by other shareholders. Public information shows that HSSP stands for Hang Sang (Siu Po) Intl Holdings Co., Ltd., with its Chinese name being . The company is mainly engaged in the manufacturing and sales of garment labels and packaging printing products, with customers mainly consisting of garment manufacturers and garment-related accessory trading companies, as well as supplying products to garment brand enterprises. The company's revenue mainly comes from local and overseas markets, including but not limited to South Korea, Taiwan, Vietnam, China, India, Indonesia, Sri Lanka, and the United States.