Financial Street announced on the evening of October 7 that Hexie Health, a shareholder holding more than 5%, reduced its stake by a total of 30.52 million shares through centralized bidding on July 27, September 28, and September 29, 2026, due to its own operational needs, representing 1.02% of total share capital. Before this equity change, Hexie Health held 412.00 million shares of Financial Street, or 13.78% of total share capital; after the change, it holds 381.48 million shares, or 12.76%, and remains a shareholder holding more than 5% of the company. This equity change did not result in any change in the company's controlling shareholder or actual controller. The reduced shares were acquired through centralized bidding in the secondary market and were not subject to advance disclosure requirements. Based on a rough estimate using the share price during the reduction period, this transaction may have cashed out around 75 million yuan. Financial Street's latest price is 2.74 yuan, with a market value of 8.19 billion yuan. Its main business is real estate development and operation. In the first half of 2026, it achieved operating revenue of 4.61 billion yuan, down 0.89% year on year, and a net loss attributable to the parent company of 86.54 million yuan, narrowing the loss by 91.41% year on year.
Financial Street Holdings Co LtdMajor shareholder Hexie Health cut its stake by 30.52 million shares (1.02% of capital), reducing holdings to 12.76%.
