zerospoker| Intercontinental Aerospace Technology (1725.HK): Li Xiaofei increased his holdings by 30 million shares, his share price rose 13% to HK$2

News summary

Intercontinental Aerospace Technology shares surged 13% to HK$2. On May 17, Li Xiaofei increased his over-the-counter holdings by 3% at HK$1.51zerospoker,000 million shares, the shareholding ratio soared to 8.44%, with a total value of approximately HK$45.3 million.

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[Intercontinental Aerospace Technology's share price rose strongly, Li Xiaofei significantly increased his shareholding outside the market] Intercontinental Aerospace Technology (1725.HK)zerospokerIts share price jumped sharply, rising nearly 13%, with the latest price quoted at HK$2. The strength of the company's share price is closely related to a market development. On May 17, Li Xiaofei increased his holdings of 30 million shares of IASC's ordinary shares through over-the-counter trading at a price of HK$1.51 per share, involving approximately HK$45.3 million. After this increase, the number of shares held by Li Xiaofei increased to 30 million shares, and his shareholding in the company increased from 0% to 8.44%.