High share concentration in Kingston: HK regulator

The Hong Kong Securities and Futures Commission has issued a warning to investors about the “high concentration of shareholding” in Hong Kong-listed Kingston Financial Group Ltd. “In view of the high concentration of shareholding in a small number of shareholders, shareholders and prospective investors should be aware that the price of the shares of the company could fluctuate substantially even with a small number of shares traded, and should exercise extreme caution when dealing in the shares,” the regulator said in a Monday announcement… Read more