HK Stock Market Move | Chuang Sheng Holdings (02680) resumed trading and saw its stock price surged by over 76% at one point. It is planning to accept a premium of approximately 6% in a full takeover offer, and is expected to turn losses into profits in the medium term.

Chuangsheng Holdings (02680) resumed trading this morning and surged over 76% at one point. As of the time of writing, it was up 43.99% at HK$8.15, with a turnover of HK$7.9032 million. In terms of news, Chuangsheng Holdings announced that Chairman Zhong Zhiwen will transfer 75% of his shares to independent third party Wang Ting, involving 45 million shares with a total price of HK$270 million. After completion, a mandatory general offer must be made at a cash price of HK$6 per share, representing a premium of 6.01% over the last trading price before the suspension. The offeror intends to maintain the company's listing status on the Hong Kong Stock Exchange. In addition, the company announced that it expects to achieve a profit and comprehensive income of approximately HK$15 million to HK$20 million for the six months ending on August 31, 2025, while in the six months ending on August 31, 2024, it had a loss and comprehensive expenses of approximately HK$22.9 million.