Stock market anomaly | Kingkey Resources (03636.HK) plunges over 20%, hitting a new low since listing. The six-month lock-up period for cornerstone investors has ended.

According to the Wise Finance and Economics APP, Kingland Resources (03636.HK) fell more than 20%, hitting a new low of 10.39 Hong Kong dollars since its listing, a decline of 60% from the IPO price of 30 Hong Kong dollars. As of the time of writing, it fell 20.77% to 10.64 Hong Kong dollars, with a trading volume of 2.778 million Hong Kong dollars.