Southern Asset Management Boosts Stake in Asymchem With HK$30 Million Purchase

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Hong Kong stock exchange filings reveal that on August 19, China Southern Asset Management Co., Ltd. increased its holding in Asymchem Laboratories (Tianjin) Co., Ltd. (HK: 06821) by 232,300 shares.

The acquisition was executed at an average price of HK$130.1340 per share, totaling approximately HK$30.35 million.

Following this transaction, the fund manager's latest shareholding in the company stands at 1.42 million shares, representing a 5.12% ownership stake.

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