HK Stock Market Move | TSO(03997) fell more than 11%, after the stock price rose by 90% over the previous 3 days. The company stated that it is unaware of the reasons for the sudden drop in the stock price and trading volume.

TSO (03997) fell over 11%, after a cumulative increase of 90% in the previous three trading days. As of the announcement, it fell by 11.05% to HKD 1.53, with a trading volume of HKD 1.4925 million. On the news front, on the evening of April 21st, TSO announced that the Board of Directors had noticed unusual fluctuations in the trading price and volume of the company's shares in recent days. After conducting reasonable inquiries into the relevant circumstances, the Board confirmed that they were not aware of any reasons causing such changes in the share price and trading volume of the company. They stated that they would disclose any information to avoid creating any false market for the company's securities, or any insider information required to be disclosed under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Additionally, the Board also confirmed that the group's business operations were running normally.