Guangdong - Hong Kong Greater Bay Area Holdings (HKG:1396) said its cloud computing unit Hongce Data attracted an 800 million yuan investment from Hongyi Intelligent Computing, according to a Hong Kong bourse filing Friday.
Shares of the residential property developer fell over 5% in late morning trade Monday.
The investment will lower Guangdong-HKGBA's ownership in the business to 60% with Hongyi Intelligent Computing owning the remaining 40%.
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