Market Snapshot | All three major indices declined, with the tech index down 0.7%; oil stocks bucked the trend, as PetroChina rose nearly 4%; storage-related stocks retreated, with Southern Twice Leveraged Hynix dropping over 5% and GigaDevice Semiconduct

The three major indices all declined, with the technology index falling by 0.7%; oil stocks bucked the trend, with PetroChina rising nearly 4%; memory stocks retreated, with the Southern Twice Leveraged Hynix dropping more than 5%, and Gigadevice declining over 4%.

Futu NewsMay 12 16:16

Stock Movement in Hong Kong | Xinbai Li Financing (08439) surged over 17% after announcing that Wu Haigan acquired 75,959,900 shares and proposed a cash offer.

Xin Bai Li Financing (08439) surged over 17%. As of the time of writing, it rose by 17.62%, trading at HKD 2.47 with a turnover of HKD 3.8268 million.

Zhitong FinanceMay 12 15:02

Xinbai Li Financing (08439.HK) resumed trading this morning.

Gelonghui, May 5th - Xinbaili Financing (08439.HK) announced that trading of the company's shares will resume at 9:00 a.m. today (May 5, 2026).

Gelonghui FinanceMay 5 08:59

Xinbai Li Financing (08439.HK) received an over-the-counter increase of 75,949,900 ordinary shares by Sky Links Group Limited and its affiliates, valued at approximately HKD 62,127,100.

According to a report on May 4, based on the document disclosed by the Hong Kong Stock Exchange on May 4, Sky Links Group Limited off-exchange increased its holdings of 75,949,900 ordinary shares of $Xinbai Li Financing (08439.HK)$ at an average price of 0.818 Hong Kong dollars per share on April 28, with a total value of approximately 62,127,100 Hong Kong dollars. After the increase, Sky Links Group Limited's latest number of shares held is 75,949,900, and its long position ratio has increased from 0.00% to 51.90%. This transaction involves other related parties: Wu Haigan. Supplemental.

Futu NewsMay 4 17:16

Xinbaili Financing (08439) suspended trading on April 29.

Xinbaili Financing (08439) announced that trading of the company’s shares will be briefly suspended starting at 9:00 a.m. on April 29, 2026.

Zhitong FinanceApr 29 08:50

Xinbaili Financing (08439) canceled 230,000 repurchased shares on April 27.

Xinbai Li Financing (08439) announced that a total of 230,000 repurchased shares were cancelled on April 27, 2026.

Zhitong FinanceApr 27 22:39