Recent data from the Hong Kong Stock Exchange reveals that on June 23rd, JPMorgan Chase & Co. reduced its holding in Muyuan Foods by 153,691 shares.
The transaction was executed at an average price of approximately HK$29.75 per share, resulting in a total consideration of about HK$4.57 million.
Following this disposal, the financial institution's latest shareholding stands at around 22 million shares, representing a stake of 6.99% in the company.