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Ping An Life Invests $200M+ to Increase Holdings in ABC H Shrs, Adding Stake to 17.03%
Recommend 29 Positive 51 Negative 12 |
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Ping An Life Insurance Company of China increased its holdings of ABC (01288.HK)(601288.SH) by 39.634 million H shares on September 30 in the secondary market, at an average price of HKD5.2334 per share, with a total consideration of approximately HKD207 million, according to the latest disclosure of interests from HKEX (00388.HK). Upon completion of the transaction, Ping An Life's holdings in ABC H shares increased to approximately 5.236 billion shares, raising its stake from 16.9% to 17.03%. AASTOCKS Financial News Website: www.aastocks.com |
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