HK Stock Market Move | HK TECH VENTURE (01137) fell more than 10%, with the company stating that the main shareholder TGIL has no intention to sell shares within the next two years.

HK TECH VENTURE (01137) fell more than 10%, after the stock closed up nearly 15% yesterday, reaching a new high for about 9 months. As of the time of writing, it dropped 10.26% to HK$1.75, with a turnover of HK$6.8039 million. In terms of news, in response to the fluctuations in the company's stock price and trading volume yesterday, HK TECH VENTURE issued a statement stating that the board of directors confirmed that they are not aware of any reasons that led to these fluctuations in the stock price and trading volume, or any insider information that must be disclosed. The board also confirmed that there are no discussions, negotiations, or agreements related to share trading. Furthermore, the company has inquired with its major shareholder - Top Group International Limited, who confirmed that they have no intentions or plans to sell their holdings in the company at any price in the next two years.