The Economic Information Daily reported on the 12th that SEG New Energy (06656) is currently down 5%, trading at HK$218.2, with approximately 120,000 shares traded, involving a turnover of HK$275.4 million.
The lock-up period for cornerstone investors of SEG New Energy will expire this Friday (the 16th), involving about 2.78% of the issued shares, with a value of nearly HK$1.6 billion. SEG New Energy's share price has weakened for several consecutive days since September 29, with the stock price dropping over 32% to date. Based on the offering price of HK$324.2 and a board lot of 100 shares, excluding fees, each lot has incurred a paper loss of HK$10,480.
SEG New Energy was listed on April 16 this year, with its initial listing price more than 79% higher than the offering price.
Currently, the Hang Seng Index stands at 24,250, up 39 points or 0.2%, with turnover on the main board reaching nearly HK$100.5 billion. The Hang Seng China Enterprises Index is at 8,159, up 11 points or 0.1%. The Hang Seng Tech Index is at 4,173, down 24 points or 0.6%. (am)
The lock-up period for cornerstone investors of SEG New Energy will expire this Friday (the 16th), involving about 2.78% of the issued shares, with a value of nearly HK$1.6 billion. SEG New Energy's share price has weakened for several consecutive days since September 29, with the stock price dropping over 32% to date. Based on the offering price of HK$324.2 and a board lot of 100 shares, excluding fees, each lot has incurred a paper loss of HK$10,480.
SEG New Energy was listed on April 16 this year, with its initial listing price more than 79% higher than the offering price.
Currently, the Hang Seng Index stands at 24,250, up 39 points or 0.2%, with turnover on the main board reaching nearly HK$100.5 billion. The Hang Seng China Enterprises Index is at 8,159, up 11 points or 0.1%. The Hang Seng Tech Index is at 4,173, down 24 points or 0.6%. (am)
