RADIANCE HLDGS

Radiance Holdings swung between gains and losses intraday, initially hitting a high of HK$1.13 during the morning session before paring gains to close at HK$1.10, up 2.8% from yesterday's close of HK$1.07, with an intraday range of approximately 3.7%. Recent news includes a board reshuffle appointing Zhou Xiaohui as executive director and Shen Houcai as independent non-executive director, alongside a decision to cap property management services annual fees at RMB 100 million through 2028, seen by the market as governance enhancement and cost control measures. However, the stock remains 79.09% below its 52-week high of HK$5.26, has fallen 39.56% year-to-date, and trades below both its 20-day moving average of HK$1.169 and 60-day moving average of HK$1.349, underscoring the persistent downtrend. Total turnover was approximately HK$48.14 million with a turnover rate of 1.08%, indicating limited market participation.