Ping An Insurance Group Increases Stake in Agricultural Bank of China by 63.767 Million Shares at Approximately HK$6.07 Each

Stock News
05/20

According to the latest data from the Hong Kong Stock Exchange, Ping An Insurance (Group) Company of China, Ltd. increased its holding in Agricultural Bank of China (01288) by 63.767 million shares on May 18. The transaction was executed at a price of HK$6.0708 per share, amounting to a total consideration of approximately HK$387 million. Following this acquisition, Ping An's total shareholding in ABC has reached approximately 7.74 billion shares, representing a stake of 25.17%.

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