[Highly concentrated shareholdings, 17 Hong Kong stock companies were announced by the Hong Kong Securities Regulatory Commission during the year] On October 31, the stock price of Xinjiao RV, a listed company named by the Hong Kong Securities Regulatory Commission as having highly concentrated shareholdings, crashed during the session on October 27, closing down more than 33%, and the stock’s highest cumulative increase during the year was once close to 15 times. Since the beginning of this year, the Hong Kong Securities Regulatory Commission has announced 17 similar Hong Kong stock companies. More than 90% of the chips of such stocks are locked up, the circulation is scarce, and skyrocketing and plummeting occur frequently. A spokesman for the Hong Kong Stock Exchange said that the Hong Kong Stock Exchange has always been responsible for the supervision of public shareholdings, but this and the China Securities Regulatory Commission’s shareholding concentration risk warning belong to two independent regulatory systems and have different judgment logics. For investors, a company's single compliance indicator cannot fully reflect liquidity risks, and risks still need to be assessed from multiple dimensions. (Securities Times)