HK Stock Market Move | GREEN TEA GROUP (06831) once fell nearly 14% and is recently caught in the dichlorvos pesticide controversy, with significant discounted large-scale cross trades occurring in the early session.

GREEN TEA GROUP (06831) once fell nearly 14%, and as of this writing, it has decreased by 9.99%, trading at HKD 5.45, with a transaction volume of HKD 282 million. In related news, it has recently been revealed by media that Xiamen Green Linsen Environmental Technology Co., Ltd. has been using dichlorvos for disinfection for dozens of chain dining enterprises, including Green Tea Restaurant. Reports indicate that employees of the involved enterprise have stated, "I personally would not eat at the restaurants we have disinfected, I absolutely would not go there!" In response, media contacted the headquarters of Green Tea, and staff stated that the headquarters is aware of the issue and is currently investigating thoroughly. Notably, this morning, GREEN TEA GROUP saw a large cross-trade transaction involving 46,096,800 shares, with a transaction price of HKD 4.60, amounting to approximately HKD 212 million. This cross-trade price represents a significant discount of about 24% compared to yesterday's closing price of HKD 6.055.