Recent data from the Hong Kong Stock Exchange reveals that on July 6th, Hallgain Management Limited sold 9.328 million shares of KINGBOARD HLDG (00148).
The transaction price was approximately HK$90.3930 per share, resulting in a total consideration of about HK$843 million.
Following this disposal, Hallgain Management Limited's shareholding in the company has been reduced to approximately 359 million shares, representing a stake of 31.98%.