HK Stock Market Move | CLOUDBREAK-B(02592) Falls Over 18% Again, Stock Price Close to Halved in the Month, Company Has Fully Paid Settlement Amount to Cedar Wealth

CLOUDBREAK-B (02592) fell more than 18% again, with a cumulative decline in stock price close to 50% for the month. As of the time of writing, it dropped 14.97% to HK$2.67, with a trading volume of 20.33 million Hong Kong dollars. On the news front, on January 15, Bobangshi Yun announced that it had signed a settlement agreement with Cedar Wealth, whereby Bobangshi Yun agreed to pay Cedar Wealth a total settlement amount of approximately US$2.22 million. After the payment, Cedar Wealth will apply to the court to lift the asset preservation order and withdraw the arbitration proceedings. Earlier, Bobangshi Yun Guangzhou, an indirectly wholly-owned subsidiary of the company, received a court notice on January 6, 2026, with the court implementing judicial preservation on its bank account (cash balance of approximately 2.55 million yuan). The reason was an arbitration application by Cedar Wealth against Bobangshi Yun Guangzhou, demanding the payment of outstanding service fees and other expenses totaling USD 2.05 million.