HK Stock Market Move | CCIAM FUTURE EN(00145) fell sharply by 62%, giving back most of the gains in the month. Issuing additional shares based on a "2 shares for 1" benchmark.

CCIAM FUTURE EN (00145) plummeted by 62% in early trading, bringing the cumulative increase for the month from 260% to less than 40%. As of the time of writing, it has dropped by 62.2% to HK$0.223, with a trading volume of HK$42.73 million and a total market value of less than HK$83 million. On the news front, CCIAM FUTURE EN announced that on December 19, it will issue approximately 122 million shares on the basis of one share for every two shares held as of the record date for the rights issue. It is worth noting that in October this year, the company announced plans to issue a rights issue of approximately 18.62% at a ratio of "2 for 1", raising a maximum net amount of approximately HK$17 million; in early December, the company announced that approximately 20.98% of the rights issue had been successfully accepted.