REALORD TECH (01196.HK): Clarifies Media Reports; 1196 Counter Remains Stock Connect Eligible
NewTimeSpace News: On 25 October 2026, Realord Technology Corporation (stock code: 01196) issued a clarification announcement relating to its earlier announcement on significant movements in the price and trading volume of its shares, noting that certain media reports published on 21 and 22 October 2026 inaccurately stated that its shares would be or had been removed from the list of securities eligible for Stock Connect trading on 21 October 2026.
The board clarified that those reports are inaccurate and that shares trading under stock code 1196 remain eligible for Stock Connect trading. The counter removed from Stock Connect with effect from 21 October 2026 was in fact the temporary trading counter (stock code 2922) established for the share subdivision that took effect on 14 September 2026; the original trading counter (stock code 1196) is unaffected.
Under the share subdivision arrangements, a temporary trading counter was established on 14 September 2026 and parallel trading took place on both counters (1196 and 2922) from 28 September to 20 October 2026. The temporary counter ceased operating on 21 October 2026 when parallel trading ended and was accordingly removed from Stock Connect eligibility.
Save as disclosed above and in the previous announcement, the board is not aware of any other reason for the movements in the share price or trading volume, nor of any other information that must be announced to avoid a false market in the shares or any other inside information required to be disclosed.
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