Country Garden Service Holding Co., Ltd. (referred to as Country Garden Services) stocks listed on Monday (December 12) in Hong Kong fell.At the same time, about S $ 880 million) shares.
The stock market fell 18%, and the latest decline of 16.58%to HK $ 19.98.
According to the Dow Jones News Agency, Country Garden Service said on the weekend that the chairman of the board of directors and the controlling shareholder Yang Huiyan agreed to sell 237 million shares at a price of HK $ 21.33.Country Garden Services is one of China's largest real estate management service providers.
These shares account for about 7.03%of the company's total share capital. After the completion of the stock sales, Yang Huiyan will still be the controlling shareholder, with 36.12%of the equity.
Yang Huiyan's shareholding shares at the time when Country Garden service stock price rebounded strongly. Previously, China increased its rescue plan for the real estate industry in China.Optimistic emotions for demand.Before the decline in Monday, the stock price of Country Garden's service has risen more than doubled since the end of October.
