The Zhitong Finance App learned that Conch Venture (00586) rose by more than 4%. As of press release, it had risen 4.18% to HK$8.72, with a turnover of HK$316,225 million.

According to the news, on July 21, Conch Venture issued an announcement. The board of directors of the Company received a notice from Conch Group, the single largest shareholder of the Company. Based on firm confidence in the future development of the Company and long-term strategic investment considerations, Conch Group has continued to increase its shares in the market recently. Since the announcement was made by the Japanese company on February 25, 2026, Conch Group has increased its shares in the market. On the date of this announcement, the shares held directly and indirectly through Anhui Hailuo Cement Co., Ltd. (Hailuo Cement) and its subsidiaries together accounted for nearly 21% of the total number of issued shares.

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