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HK Stocks Face New Pressure as HKD255B in Shares Set for Lock-up Expiry
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The Hong Kong stock market may face new pressure, with shares worth at least HKD255 billion set to see their lock-up periods expire in July, marking the largest monthly total for the remainder of this year, according to HKEX (00388.HK) data cited by Bloomberg. In addition, Goldman Sachs estimated that the total value of lock-up expiries related to Hong Kong IPOs will reach USD274 billion over the next year, setting a new high for any rolling twelve-month period. Historical precedents showed that share prices typically face moderate downward pressure following lock-up expiries. The median decline for such stocks reaches 4% within three months and widens to 7% after six months. Companies facing lock-up expiries in July include MINIMAX-W (00100.HK), KNOWLEDGE ATLAS (02513.HK), INSILICO (03696.HK) and BIREN TECH (06082.HK), all of which have seen sharp post-listing share gains. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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