SEM Holdings (HKG:9929) said its controlling shareholder Yao Capital sold a 9% stake in the business to HH RSV-MIM Holdings, according to a Hong Kong bourse filing Friday.
Shares of the electrical and mechanical engineering services fell over 10% in morning trade Monday.
Yao Capital disposed 180 million shares of the firm for $13.2 million, reducing its stake from 75% to 66%, SEM said.
Yuzhou Group (HKG:1628) recorded contracted sales of 482 million yuan in March, with a sales area of 37,351 square meters, according to a Friday Hong Kong bourse filing.The property company's average selling price stood at approximately 12,907 yuan per square meter for the month.In the first quarter of 2026, the accumulated sales amount was 1.37 billion yuan, with a sales area of 108,232 square meters and an average selling price of 12,700 yuan per square meter.
Alco (HKG:0328) said co-chairpersons Liao Liping and Tian Yi have resigned effective Friday to devote more time to their personal endeavors, according to a same-day Hong Kong bourse filing.The consumer electronics company, on the same day, named Pan Ying as its new chair.Pan has served as the CEO of Shengjun Capital since March 2021.
Kong Sun's (HKG:0295) solar power plants generated around 58,204 megawatt-hours of electricity in the first quarter of 2026, down from 73,664 megawatt-hours a year prior, according to a Friday Hong Kong bourse filing.As of March 31, the electricity services provider's total installed capacity stood at 300 megawatts.