Major Shareholder Deposits 83.99 Million Shares into Guotai Junan (Hong Kong), Driving a 1.65 Billion HKD Custody Shift

Stock News
Sep 03

According to the latest filings from the Hong Kong Stock Exchange, a significant custody movement was recorded for POWERLONG CM (09909) on September 2nd. The total market value of shares placed into custody reached 1.65 billion HKD, representing 13.07% of the company's issued share capital.

The company's major shareholder has deposited 83.99 million shares into Guotai Junan (Hong Kong). In related corporate news, POWERLONG CM also released its interim results for the six months ended June 30, 2026. The group reported revenue of 1.209 billion RMB during the period, marking a decrease of 7.1% year-on-year. Profit attributable to shareholders amounted to 140 million RMB, down 23.6% compared to the same period last year, with basic earnings per share of 21.72 cents.

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