HK Stock Market Move | CARRY WEALTH (00643) resumed trading with a drop of over 32%, receiving a discount of approximately 79.2% to increase the purchase offer.

CARRY WEALTH (00643) resumed trading and dropped more than 32%, closing at 0.43 Hong Kong dollars, down 32.81%, with a turnover of 5.41 million Hong Kong dollars. On the news front, CARRY WEALTH announced that seller Ma Xiaoqiu intends to sell a total of approximately 411 million shares to the joint offeror Zephyrus Capital Limited and Zeng Junhao, accounting for approximately 45.71% of the company's total issued share capital, for a total consideration of 54 million Hong Kong dollars. Zeng is required to make a mandatory general cash offer for all issued shares, with a cash offer price of 0.1331 Hong Kong dollars per share, representing a discount of approximately 79.2% from the closing price of 0.64 Hong Kong dollars before the suspension. The joint offeror intends to maintain the listing status of the shares on the Stock Exchange after the offer deadline.