Fosun International Holdings Reduces Stake in CQRC BANK by 2.8 Million Shares at HK$5.9607 Each

Stock News
Mar 16

According to the latest data from the Hong Kong Stock Exchange, on March 10, Fosun International Holdings Ltd. reduced its holding in CQRC BANK (03618) by 2.8 million shares. The transaction was executed at a price of HK$5.9607 per share, resulting in a total consideration of approximately HK$16.69 million. Following this disposal, Fosun's shareholding in the bank decreased to about 300 million shares, representing a stake of 11.93%. The transaction involved related parties Fosun International Limited and Guo Guangchang.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10