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Lining Was Sold By Mysterious Institutions For HK $460 Million
Near the Olympic Games, a group of people are particularly busy.
They are busy cleaning up the Olympic concept stocks. They are not others. They are all kinds of funds that are active in the Hongkong market, big companies and even the former Olympic athletes Lining, who we are familiar with.
Lining (02331, HK), who listed on the Hongkong stock exchange, fell 4.15% against the trend in May 30th, closing at HK $21.95. The news of the reduction in the number of institutional investors led to the collapse of the Olympic brand.
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