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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 6.5 on Friday (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.
Stock prices can fluctuate significantly with low trading volume
The SFC stated that with shareholding concentrated among a small number of shareholders, even a small volume of shares traded may cause significant price fluctuations, reminding shareholders and potential investors to act with caution.