HK Stock Market Move | ZHONG JU INVEST (01959) plunged 26%, named by the Hong Kong Securities and Futures Commission for highly concentrated equity ownership. The stock price surged 19 times in the previous five months.

ZHONG JU INVEST (01959) plummeted 26%, the stock had previously soared from HKD 0.215 to HKD 4.46 between October 2, 2025 and March 16, 2026, a staggering increase of 19.7 times. As of the time of reporting, it has fallen by 26.17% to HKD 3.3, with a trading volume of HKD 1.1143 million. On the news front, on March 17, the Securities and Futures Commission of Hong Kong revealed that they had recently conducted an inquiry into the shareholding distribution of ZHONG JU INVEST. The results showed that as of March 2, there were 20 shareholders collectively holding 101 million shares, equivalent to 19.1% of the issued share capital. These shares, along with the 377 million shares held by the company's major shareholders, accounted for 71.21% of the issued share capital, equivalent to 90.31% of the company's total issued share capital. Therefore, the company only has 51.344 million shares, accounting for 9.69% of the issued share capital, held by other shareholders. The Securities and Futures Commission of Hong Kong cautioned that due to the high concentration of shareholdings among a small number of shareholders, even a small amount of share trading could lead to significant fluctuations in the company's share price. Shareholders and prospective investors are advised to exercise caution when buying and selling shares in the company.