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DFZQ Loses Steam After Opening Up 13.5% on Proposed Take-Over of Shanghai Securities via Cash & A-Shr Issuance
DFZQ (03958.HK) opened 13.53% higher this morning (Apr 20) and hit an intraday peak of HKD6.88, yet its momentum failed to last in early trading. It was last unchanged at HKD6.06, ...
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DFZQ Loses Steam After Opening Up 13.5% on Proposed Take-Over of Shanghai Securities via Cash & A-Shr Issuance
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DFZQ (03958.HK)  -0.050 (-0.825%)    Short selling $77.08M; Ratio 11.456%   opened 13.53% higher this morning (Apr 20) and hit an intraday peak of HKD6.88, yet its momentum failed to last in early trading. It was last unchanged at HKD6.06, with a volume surging to 75.1128 million shares, involving HKD469 million.

Yesterday, DFZQ entered into an agreement of intent regarding asset acquisition with Bailian Group, SIG Investment, SIG, Shanghai Chengtou Group, and GTHT (02611.HK)  -0.110 (-0.757%)    Short selling $14.08M; Ratio 18.451%   , under which DFZQ intends to acquire 100% equity interest in Shanghai Securities by issuing A-shares and paying cash.

Trading in the shares of ORIENT SECURITIES (600958.SH)  0.000 (0.000%)   has been halted starting from April 20 (Monday) for an expected period of no more than 10 trading days.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-20 16:25.) (A Shares quote is delayed for at least 15 mins.)

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