
News: Major shareholder increases stake in WANGUO GOLD, stock falls instead of rising at market open

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WANGUO GOLD GP's major shareholder Gao Mingqing increased his holdings by 2.03 million shares through Jiesheng Investment, involving approximately HKD 28.72 million, bringing his ownership ratio to 25.62%. Despite the increase indicating confidence in the company's prospects, WANGUO GOLD fell 2.2% on Monday, closing at HKD 13.6, with a 27% decline in share price over the past year
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