Ask HN: Does anyone know anything about AMTD Digital Inc?
Their stock (HKD) has gone from $16 to $2200 in a few weeks…
> During the period since our initial public offering, the Company noted significant volatility in our ADS price and, also observed some very active trading volume. To our knowledge, there are no material circumstances, events nor other matters relating to our Company’s business and operating activities since the IPO date. The Company is also monitoring the market closely for any unusual trading activities or abnormalities, and would continue to maintain our communication channel wide-open to the public through our Investor Relations Office
https://ca.finance.yahoo.com/news/amtd-digital-inc-thank-not...
Something unusual seems to be going on. Could it be being used as a vehicle for capital flight?