HK Stock Market Move | WLS HOLDINGS (08600) fell nearly 50% this morning, with capital restructuring taking effect today.
Huilong Holdings (08600) fell nearly 50% this morning, down 47.75% to 0.209 Hong Kong dollars, with a turnover of 3,371,400 Hong Kong dollars as of press time.
WLS HOLDINGS (08600) fell nearly 50% this morning, dropping by 47.75% to HK$0.209 million in trading volume of HK$3.3714 million.
In terms of news, in February of this year, WLS HOLDINGS announced that the board of directors proposed a capital restructuring, involving share consolidation, capital reduction, share subdivision, and reduction of share premium, including a proposed "40-for-1" share consolidation with a "1-for-1" rights issue after the consolidation. The capital restructuring will take effect on April 16, 2026. Adjusted shares will begin trading on the morning of April 16th at 9:00 AM.
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