Why Did Ming Shing Group Plunge 12.58%? Lock-Up Period Ends

On May 14, 2025, Ming Shing Group experienced a significant drop of 12.58% in pre-market trading, sparking concerns among investors about the company's near-term prospects.

One of the key factors contributing to the stock's decline is the upcoming end of the lock-up period for major shareholders and company insiders. This period, which will conclude on May 21st, has raised concerns about potential selling pressure as these shareholders gain the ability to trade their shares. The lock-up period began following the company's IPO on November 22nd, during which 1,500,000 shares were issued at an initial price of $5.50, raising a total of $8,250,000.

Ming Shing Group, primarily engaged in wet trades works such as plastering, tile laying, brick laying, floor screeding, and marble works, is based in Hong Kong. The company's stock performance has been volatile, with a 12-month low of $2.12 and a high of $10.58, reflecting the market's uncertainty about its future direction.