Economic Observation Network Qingda Oriental (08115. HK) has launched a per lot unit split and entered a parallel buying and selling period. Recently, it has implemented share repurchases to stabilize market expectations. Let me clarify one thing: this is not an A-share, but a GEM (Growth Enterprise Market) company in Hong Kong called "Qingda Oriental Group Co., Ltd." with the stock code 8115, now known as "Qingda Oriental (500)". "500" refers to 500 shares per lot It is a temporary dual code state that just completed the "splitting of each unit" at the end of September, which is also the reason for its recent intensive events.

Parallel buying and selling period:
September 30th to October 22nd. During the period, the code 8115 (referred to as "Qingda Dongfang (500 shares per lot)" and the code 8582 (referred to as "Qingda Dongfang (4000 shares per lot)") were listed for trading simultaneously, and the settlement was carried out according to their respective layouts. After the parallel period ends on October 22nd, version 8582 will no longer be parallel and daily trading will return to level 8115 For investors holding old codes, this is a window where they need to pay attention to "which one I have in my hand".

Free stock redemption deadline:
On October 26th. Shareholders can exchange 4000 old shares per lot for 500 new shares per lot free of charge between September 16th and October 26th; Late redemption requires payment. This split does not change shareholders' equity, nor does it generate new fragmented shares (except for existing fragmented shares), and there is no need to set up a fragmented share buying and selling arrangement 。

Share repurchase situation:
The company has been repurchasing intensively since late August, and repurchased 22500 shares on September 30th at a cost of HKD 85500 Combined with previous repurchases such as August 25th, it indicates that the management has taken actions to stabilize the stock price after a deep decline in the stock price. However, the daily repurchase amount is only on the order of HKD 85500, which is relatively small compared to its total market value. The support for the stock price is more of a signal rather than a substantial bottom line - this should be objectively viewed.

The above content is based on publicly available information and does not constitute investment advice.