11 Aug 2020
The Securities and Futures Commission (SFC) is issuing this statement in response to a large volume of enquiries it has received and the overall level of public interest in relation to the significant recent increases in the price and turnover in the shares of Next Digital Limited.
In view of these exceptional increases, investors are strongly advised to exercise extreme caution when dealing in the shares of Next Digital Limited.
In light of the foregoing the SFC has been monitoring, and will continue to closely monitor, trading activity in relation to the shares of Next Digital Limited. The SFC, working with the Stock Exchange of Hong Kong Limited, will also require Next Digital Limited to promptly disclose to the market all future developments and information concerning its control, financial position and operations which are likely to materially affect the price of Next Digital Limited shares and to avoid a false market in its securities.
Last update: 11 Aug 2020