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TENCENT Further Unloads Stake in CICC H Shares, Cashing in HKD58.52M
Recommend 16 Positive 30 Negative 14 |
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TENCENT (00700.HK) sold approximately 2.9 million H shares of CICC (03908.HK) at an average price of HKD20.18 per share last Monday (11th), cashing in about HKD58.522 million, according to data from the Hong Kong Stock Exchange. This reduced its shareholding in CICC from 9.87% to 8.93%. TENCENT reportedly reduced its stake in CICC H shares twice in July, cashing in approximately HKD188 million. AASTOCKS Financial News Website: www.aastocks.com |
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