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After being named by the Hong Kong Securities Regulatory Commission, the Hong Kong stock “China's first motorhome stock” Singgeo Motorhome plummeted by more than 30% in early trading. On the previous trading day, the stock just hit a record high of HK$15.09, and has surged 14.88 times since this year. According to the announcement of the Hong Kong Securities Regulatory Commission on October 26, 22 shareholders and related parties held a total of 400.2 million shares of the company. In addition to 467.4.7 million shares held by Miao Xuezhong, Chairman and CEO of the company, the two together accounted for 90.38%. Only 9.62% of the shares were held by other shareholders.
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After being named by the Hong Kong Securities Regulatory Commission, the Hong Kong stock “China's first motorhome stock” Singgeo Motorhome plummeted by more than 30% in early trading. On the previous trading day, the stock just hit a record high of HK$15.09, and has surged 14.88 times since this year. According to the announcement of the Hong Kong Securities Regulatory Commission on October 26, 22 shareholders and related parties held a total of 400.2 million shares of the company. In addition to 467.4.7 million shares held by Miao Xuezhong, Chairman and CEO of the company, the two together accounted for 90.38%. Only 9.62% of the shares were held by other shareholders.
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