HK Stock Market Move | CENTRALCHINA MT (09982) rose by more than 90% during trading, with the controlling shareholder selling a 15% stake. Huang Yongheng has become the largest single shareholder.

CENTRALCHINA MT (09982) rose more than 90% during trading, as of press time, up 55.93%, at 0.092 Hong Kong dollars, with a turnover of 191.897 million Hong Kong dollars. In terms of news, CENTRALCHINA MT announced that its controlling shareholder and chairman, Mr. Hu Baosen, has sold a 15% stake to Mr. Huang Yongheng, involving 579 million shares, at a price of 33.05 million Hong Kong dollars. After the completion, Mr. Hu's shareholding will be reduced to 20.13% and will no longer be the controlling shareholder; Mr. Huang will hold 25% of the shares, becoming the largest single shareholder. Public information shows that Mr. Huang Yongheng is currently the founder of Jinling Huaruan Investment Group and the chairman of the advisory committee, as well as the chairman of Huaruan Capital (Hong Kong).