Fosun International Holdings Reduces Stake in CQRC BANK by 2.8 Million Shares at HK$5.9607 Each

Stock News
03/16

According to the latest data from the Hong Kong Stock Exchange, on March 10, Fosun International Holdings Ltd. reduced its holding in CQRC BANK (03618) by 2.8 million shares. The transaction was executed at a price of HK$5.9607 per share, resulting in a total consideration of approximately HK$16.69 million. Following this disposal, Fosun's shareholding in the bank decreased to about 300 million shares, representing a stake of 11.93%. The transaction involved related parties Fosun International Limited and Guo Guangchang.

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