Information from the Hong Kong Stock Exchange reveals that on July 7th, JPMorgan Chase & Co. purchased an additional 30,760,326 shares of KUAISHOU-W (01024). The transaction was executed at an average price of HK$41.5698 per share, involving a total sum of approximately HK$1.279 billion.
Following this acquisition, JPMorgan's total holding in the company has reached 232 million shares. This represents a stake of 6.34% in the company.