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<On Move>ALCO HOLDINGS Nosedives 70%+ on Heavy Trading
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ALCO HOLDINGS (00328.HK) started the trading day (29th) flat. It was not until around 10:15 am that it unexpectedly plunged into a steep decline and once sank by as much as 88.5% to a bottom of HKD0.6.

This stock last traded at HKD1.35, down 74.04%, with a trading volume surging to 45.4305 million shares, involving HKD130 million. ALCO HOLDINGS' market cap also shrank to HKD79 million.
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