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GROUND INTL DEV (00989.HK) made a statement on the decrease in price and increase in trading volume of the shares before trading halt. Certain Shares held by Charm Success and Ka Yik (wholly-owned by Chairperson Cui Xintong) respectively, were recently sold on the market as a result of forced sale by their stockbroker due to the failure in meeting the issued margin call which was given in short notice.
The company applied for a trading resumption with effect from Wednesday (11 September).
AAStocks Financial News
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