News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
CN AMC Popular as CHINA CINDA Soars 23% on Major Deal; CITIC FAMC Sets ~6-yr High
Hong Kong-listed Chinese asset management companies were popular. CHINA CINDA (01359.HK) today (27th) opened 1.6% higher before its gains expanded, and once soared over 23% to $1.5...
Reset
Send
The window will close in 5 seconds
CN AMC Popular as CHINA CINDA Soars 23% on Major Deal; CITIC FAMC Sets ~6-yr High
Close
Recommend
15
Positive
21
Negative
13
 
 

Hong Kong-listed Chinese asset management companies were popular. CHINA CINDA (01359.HK)  +0.090 (+7.031%)    Short selling $314.26M; Ratio 11.403%   today (27th) opened 1.6% higher before its gains expanded, and once soared over 23% to $1.58, setting an over-7-month high. It then last printed at $1.46, spiking 14.06%. Trading volume surged to 1.265 billion shares, involving $1.855 billion.

CHINA CINDA announced yesterday (26th) that its subsidiaries Cinda Investment, as the investor, and Cinda Securities, as asset manager, entered into the Asset Management Plan Contract and its Supplemental Agreement with China Construction Bank Beijing Branch.

Pursuant to which, Cinda Investment entrusted Cinda Securities to carry out investment, and the total size of the Asset Management Plan shall not exceed RMB20 billion.

CITIC Group's peer CITIC FAMC (02799.HK)  +0.030 (+2.381%)    Short selling $42.93M; Ratio 7.963%   escalated after opening flat, and once spiked 11.9% to a high of $1.41, hitting a nearly 6-year high since July 2019. It last printed at $1.36, swelling 7.94%, with 190 million shares traded, involving $257 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)

AAStocks Financial News
Website: www.aastocks.com

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.