STOCKS | MMG Falls 4.9% After Cross Trades Total 20.2 Million Shares

MMG (01208) fell 4.9% to HK$8.98 after a series of cross trades, according to ETNet. The miner recorded six cross trades involving a total of 20.2 million shares for HK$182 million. The deals were executed at HK$8.987 and HK$8.99 a share, or 4.8% below the previous close. Turnover reached 40.95 million shares worth HK$368 million, with active buying and selling at 33:67 and net active selling of HK$56.46 million.