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A-Share Anomaly | Tus-Rise Falls 6%, Stock Price Hits 11-Month Low
Tosda (300607.SZ) temporarily fell 6.04% to 26.3 yuan during trading, hitting an 11-month low since April 22 of last year. Tosda announced that shareholder Mr. Yang Shuangbao plans to reduce his holdings by no more than 4.23 million shares, accounting for 0.8913% of the company’s total share capital excluding shares held in the repurchase account, through block trades and centralized bidding within three months after the disclosure of this announcement. (Gelonghui)