Zhou Hongyi, the actual controller of 360 Security Technology, has completed the transference of 447 million shares (about 6.25% of the total shares of the company) to his former wife Hu Huan, announced the company on Tuesday. It is estimated that the stock price of the company has decreased by 24% since their divorce, meaning the “breakup fee” has shrunk by more than 2 billion yuan.   

Editor: Alexander