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[Intercontinental Aerospace Technology's share price surged 13%]
Hong Kongblackjackvideopoker, May 22--Intercontinental Aerospace Technology (stock code: 1725.HK) shares surged 13% today to close at HK$2. This significant increase occurred after the market responded positively to Li Xiaofei's over-the-counter increase in holdings on May 17.
Mr. Li Xiaofei purchased 3.5 million yuan per share through over-the-counter trading on May 17 at a price of HK$1.51 per share.blackjackvideopoker,000 million ordinary shares of Intercontinental Aerospace Technology, with a total value of approximately HK$45.3 million. After the increase was completed, Li Xiaofei's shares reached 30 million shares, and the ratio of long positions also increased from zero to 8.44%.