Wellington Management Boosts Stake in PICC Group by 9.86 Million Shares at HK$5.38 Each

Stock News
08/07

The latest data from Hong Kong Stock Exchange filings reveals that on August 5, Wellington Management Group LLP increased its holdings in PICC GROUP (01339) by 9,855,558 shares.

The transaction was executed at an average price of HK$5.3826 per share, bringing the total consideration to approximately HK$53.0485 million.

Following this acquisition, the firm's total shareholding in PICC GROUP has risen to around 437.1 million shares, representing a 5.01% stake in the company.

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