Shanghai XNG (3666.HK) HKSE pre-market -22.86% to HKD 0.027: liquidity risk

Shanghai XNG (3666.HK) HKSE pre-market -22.86% to HKD 0.027: liquidity risk

Shanghai XNG Holdings Limited (3666.HK stock) is a pre-market top loser after the share price fell 22.86% to HKD 0.027 on heavy turnover. The move follows one-day selling that pushed volume to 38,162,000 shares, well above the 50-day average. We review drivers behind the drop, valuation, and short-term outlook for the Hong Kong (HKSE) listed restaurant operator.

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