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UBOX ONLINE (02429.HK) Cascades 53%; Lock-up Period on 200M+ Shrs Lifted
UBOX ONLINE (02429.HK), having listed for a year, has its lock-up period lifted. It opened 14.94% lower today (4th) and then collapsed abruptly, hitting a new low since listing, an...
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UBOX ONLINE (02429.HK) Cascades 53%; Lock-up Period on 200M+ Shrs Lifted
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SHORT SELL
 
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UBOX ONLINE (02429.HK)  -0.200 (-4.535%)    Short selling $85.63K; Ratio 0.521%   , having listed for a year, has its lock-up period lifted. It opened 14.94% lower today (4th) and then collapsed abruptly, hitting a new low since listing, and bottoming at $4.95. It last reported at $5, nosediving 53.62%. 54.1067 million shares were traded, involving $299 million.

Starting yesterday (3rd), the lock-up restrictions on the shares of UBOX ONLINE's largest shareholder and chairman Wang Bin, former president Chen Kunrong, as well as cornerstone investors NAYUKI (02150.HK)  -0.070 (-4.575%)    Short selling $554.13K; Ratio 6.031%   were lifted. The number of shares involved exceeded 200 million, accounting for 27.88% of the company's total share capital.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-14 12:25.)

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