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ANGELALIGN Once Deepens Slide to 12% after Midday; Major Shareholders Reportedly Slash Stakes
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ANGELALIGN (06699.HK), a leading clear aligner treatment solution provider in China, snapped a two-day rising streak. Once widening its drop to 12% after midday, the stock last posted $157, down 10%. The trading volume stretched to 1.41 million shares, setting a new high in nearly two months, involving $227 million. According a foreign media report, two major shareholders of ANGELALIGN (Sky Honour Enterprises owned by ANGELALIGN's founder and CEO Li Huamin and Vast Luck Global owned the company's another founder Chen Kai) disposed about 2.63 million shares of the company at a price of $164.55 per share (a 5.8% discount to the stock's closing price as quoted yesterday), cashing in more than $430 million. AAStocks Financial News |
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