Hong Kong Stock Moves: CENTURY GP INTL (02113) Sinks Over 12% on Proposal for 20-to-1 Share Consolidation and Lot Size Change

Stock News

Aug 14

CENTURY GP INTL (02113) dropped more than 12% in trading, falling 12.07% to HK$0.153 as of the latest report, with turnover reaching HK$4.2165 million.

On the news front, CENTURY GP INTL announced last night a proposal to consolidate every 20 existing shares into 1 share. Following the share consolidation, the board lot size will be changed from 5,000 existing shares to 1,000 consolidated shares. The proposal is subject to shareholder approval.

The company noted that based on yesterday's closing price of HK$0.174, if the share consolidation and lot size change take effect, the value per board lot would adjust from HK$870 to HK$3,480. This adjustment aligns with the guidelines under the relevant trading arrangement and aims to reduce the overall proportion of trading and handling fees relative to the market value of each board lot.

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This adjustment aligns with the guidelines under the relevant trading arrangement and aims to reduce the overall proportion of trading and handling fees relative to the market value of each board lot.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KCAI","symbol_name":"KraneShares China Alpha Index ETF","start_time":0,"source_url":"","article_id":"1141265857","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1141265857","pubTimestamp":1786691896,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CENTURY GP INTL (02113) dropped more than 12% in trading, falling 12.07% to HK$0.153 as of the latest report, with turnover reaching HK$4.2165 million.On the news front, CENTURY GP INTL announced...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"KCAI":"KraneShares China Alpha Index ETF","02113":"世纪集团国际","BK4588":"碎股","BK1148":"建筑与工程","BK4585":"ETF&股票定投概念","VXUS":"国际股票ETF-Vanguard"},"translate_title":"港股走势：CENTURY GP INTL (02113) 因提出 20 比 1 股份合并和手数变更而下跌超过 12%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02113":1,"VXUS":1,"KCAI":1},"content_text":"CENTURY GP INTL (02113) dropped more than 12% in trading, falling 12.07% to HK$0.153 as of the latest report, with turnover reaching HK$4.2165 million.On the news front, CENTURY GP INTL announced last night a proposal to consolidate every 20 existing shares into 1 share. 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