Hong Wei Asia (08191) Reports Significant Share Transfer Valued at HK$2.72 Million, Representing 5.05% Stake Movement

Stock News
Sep 09

A notable position shift has been recorded for HONG WEI ASIA (08191) on September 8, according to the latest filings from the Hong Kong Stock Exchange. The transferred shares carried a total market value of HK$2.72 million, accounting for a 5.05% ownership change.

The company's shareholder transferred 17.406 million shares into the account of Huaan Securities Hong Kong Brokerage, while simultaneously moving 15.384 million shares out of Hongya Capital.

Earlier, HONG WEI ASIA announced its annual results for the fiscal year ending December 31, 2025. The company reported revenue of HK$102 million, marking a substantial 67.7% year-over-year decline. Net losses widened dramatically to HK$138 million, representing a 199.1% increase compared to the previous year, with basic losses per share reaching HK$240.78 cents.

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