Stock Track | MAJESTIC DRAGON Soars 6.73% Intraday on Shareholder Transfer and Potential Share Sale Agreement

Stock Track

May 27

MAJESTIC DRAGON's stock price surged 6.73% during intraday trading on Wednesday, marking a significant upward movement for the company.

The price increase follows news of a substantial shareholder transfer and a potential share sale agreement. A shareholder recently transferred a block of MAJESTIC DRAGON shares from Futu Securities International (Hong Kong) to Hong Chi Securities, with the transferred position valued at approximately HKD 68.67 million, representing about 5.71% of the company's issued share capital. Additionally, the controlling shareholder's company, Always Profit Development Limited, has signed a non-legally binding letter of intent with Beijing Qichen Investment Management Co., Ltd. regarding the potential sale of company shares at an indicative price of approximately HKD 0.5475 per share.

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A shareholder recently transferred a block of MAJESTIC DRAGON shares from Futu Securities International (Hong Kong) to Hong Chi Securities, with the transferred position valued at approximately HKD 68.67 million, representing about 5.71% of the company's issued share capital. Additionally, the controlling shareholder's company, Always Profit Development Limited, has signed a non-legally binding letter of intent with Beijing Qichen Investment Management Co., Ltd. regarding the potential sale of company shares at an indicative price of approximately HKD 0.5475 per share.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00918","symbol_name":"龙翼航空科技","start_time":0,"source_url":"","article_id":"1196873226","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1196873226","pubTimestamp":1779846490,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"MAJESTIC DRAGON's stock price surged 6.73% during intraday trading on Wednesday, marking a significant upward movement for the company.The price increase follows news of a substantial shareholder...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00918":"龙翼航空科技"},"translate_title":"股票赛道|MAJESTIC DRAGON盘中大涨6.73%因股东转让及潜在股份出售协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00918":1},"content_text":"MAJESTIC DRAGON's stock price surged 6.73% during intraday trading on Wednesday, marking a significant upward movement for the company.The price increase follows news of a substantial shareholder transfer and a potential share sale agreement. 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