HK Stock Market Move | YUK WING GP (01536) surged over 80% in early trading as controlling shareholder Choi Fai sold 38.54% of the company's shares.
YUK WING GP (01536) surged over 80% in early trading, up 72.77% as of press time, at HK$0.33, with a turnover of HK$2.0933 million.
YUK WING GP (01536) surged over 80% in early trading, rising 72.77% as of press time to HK$0.33, with a turnover of HK$2.0933 million.
On the news front, YUK WING GP announced that on September 15, 2026 (after trading hours), the Company's board of directors was informed by Choi Fai Investment Limited (Choi Fai), the controlling shareholder of the Company, that it had disposed of a total of 176 million shares of the Company (Shares) during the period from September 8, 2026 to September 15, 2026, representing approximately 38.54% of the total issued share capital of the Company as at the date of this announcement.
Immediately prior to the share disposal, Choi Fai had an interest in 188 million Shares, representing approximately 41.27% of the total issued share capital of the Company as at the date of this announcement. Immediately following the share disposal, Choi Fai held 12,446,000 Shares, representing approximately 2.73% of the total issued share capital of the Company as at the date of this announcement, and therefore ceased to be the controlling shareholder of the Company.
On September 15, 2026 (after trading hours), the board of directors was also informed by Hellobaby International Limited that it had on September 15, 2026 purchased 132 million Shares from Choi Fai at approximately HK$0.454 per Share, representing 29.00% of the total issued share capital of the Company as at the date of this announcement, and had become a substantial shareholder of the Company.
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