Movement Alert|Haichang Ocean Park Rises 5.95% in Regular Trading, GLP CEO Ming Mei Family Office Investment Speculation Continues

Market Focus
May 22

On May 22, Haichang Ocean Park rose 5.95% in regular trading, trading at HK$0.44/share, with trading volume of approximately HK$44.34 million, extending its multi-day rally.

On the news front, GLP (Global Logistic Properties) co-founder and CEO Ming Z. Mei is reportedly considering investing in Haichang Ocean Park through his personal family office. According to market reports, his team is working with advisors to formulate a potential plan that may involve collaboration with other investors. Discussions remain ongoing with no guarantee of a transaction. The news first surfaced on May 20, triggering a single-day surge of nearly 40% with turnover exceeding HK$1.4 billion, followed by continued gains on May 21.

On the fundamental side, the company reported revenue of RMB 1.549 billion for the year ended December 2025, down 14.8% year-over-year and nearly halved from its 2019 peak. Shareholder-attributable losses widened 29.22% to RMB 956 million. Despite weak financials, market participants appear optimistic about potential strategic restructuring and the company's ongoing shift toward an asset-light operational model.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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