Wellington Management Increases Stake in Weichai Power with HK$66 Million Purchase
Stock News
Mar 20
On March 18, Wellington Management Group LLP purchased approximately 2.325 million shares of Weichai Power (02338) at an average price of HK$28.3891 per share. The total transaction value amounted to around HK$66 million. Following this acquisition, Wellington Management's holding in Weichai Power increased to approximately 99.09 million shares, representing a 5.1% stake in the company.
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