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【Equity Concentration】The CSRC highlights that Wanwei International's equity is highly concentrated, with less than 7% street float.
The Hong Kong Securities and Futures Commission (SFC) reminds that IDT International (00167)
has a highly concentrated shareholding. As of March 16, 25 shareholders collectively held 93.24% of the issued shares, with only 6.76% of the company’s shares held by other shareholders.
The company closed at HKD 6.50 on Friday (the 27th), rising 16.07% in a single day, and has increased 7.23 times compared to the closing price of HKD 0.79 on September 10, 2025.
Low trading volume can lead to significant price fluctuations
The SFC stated that the highly concentrated shareholding among a small number of shareholders means that even a small volume of shares traded can cause significant price fluctuations, reminding shareholders and potential investors to act with caution.
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