HK Stock Market Move | KINGKEY FIN INT (01468) fell more than 13%, Win Group subsidiary has cumulatively sold 208 million shares of the company's stock.

KINGKEY FIN INT (01468) fell more than 13%, dropping 13.4% to HK$0.084 as of the time of writing, with a turnover of HK$172 million. On the news front, Win Group announced yesterday that between September 12 last year and July 4 this year, its indirectly wholly-owned subsidiary, Classictime, conducted a series of on-exchange transactions, selling a total of 208 million shares of KINGKEY FIN INT at prices ranging from HK$0.096 to HK$1.360 per share, with a total consideration of approximately HK$28.5 million (excluding transaction costs). KINGKEY FIN INT previously reported its annual performance as of March 31, 2024, with revenue of approximately HK$330 million, a decrease of 0.27% year-on-year; the company's owners' share of losses narrowed by approximately HK$551 million, a decrease of 52.41% year-on-year.