E Fund Management Increases Stake in DFZQ with 4.95 Million Shares Purchased at HK$6.33 Each

Market Watcher
07-16

Hong Kong Stock Exchange disclosures reveal that on July 11, E Fund Management acquired 4.9512 million shares of DFZQ (03958) at an average price of HK$6.3274 per share. The transaction represents a total consideration of approximately HK$31.3282 million.

Following this strategic acquisition, E Fund's total holdings in DFZQ now stand at 54.1028 million shares, translating to a 5.27% ownership stake in the brokerage firm. This move significantly strengthens E Fund's position as a substantial shareholder in the Shanghai-based securities company listed on the Hong Kong exchange.

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