HK Stock Market Move | LEOCH INT'L (00842) rises nearly 10% again. The company announces the spin-off of its subsidiary for listing in the United States. After completion, the merger will be terminated.

LEOCH INT'L (00842) rose nearly 10% again. As of the time of writing, it rose by 9.42%, reaching 2.09 Hong Kong dollars, with a trading volume of 10.87 million Hong Kong dollars. On the news front, on December 31, LEOCH INT'L announced the latest news on the proposed spin-off of its subsidiary Leoch Energy and its separate listing in the United States. The announcement mentioned that the spin-off company submitted a registration statement to the US Securities and Exchange Commission on December 30, 2025. As of the date of this announcement, the company directly holds 100% of the issued shares of the spin-off company. It is expected that after the listing is completed, the company will no longer hold any shares of the spin-off company, and the spin-off company will be fully spun off from the company and merged into the accounts. Therefore, the group will cease to recognize the assets and liabilities of the spin-off company group in the consolidated financial statements.