LOPAL TECH (02465) Shareholders Transfer Shares from Stock Connect (Shanghai) to UBS Securities Hong Kong Limited, Transfer Value HK$96.77 Million

Stock News
Sep 10

According to the latest data from the Hong Kong Stock Exchange, on September 9, shareholders of LOPAL TECH (02465) transferred shares from Stock Connect (Shanghai) to UBS Securities Hong Kong Limited, with a transfer value of HK$96.7698 million, representing 7.31% of the total.

In the first half of this year, LOPAL TECH achieved revenue of RMB 3.622 billion, up 1.5% year-on-year. The loss attributable to owners of the company was RMB 84.194 million, narrowing by 61.6% compared to the same period last year.

Industry analysis indicates that the company leads in overseas capacity construction and has established deep partnerships with major clients, enhancing the certainty of capacity utilization. The ongoing industry consolidation and improving market conditions are expected to bring significant performance elasticity.

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