Recent data from the Hong Kong Stock Exchange reveals that on June 2nd, a fund manager reduced its stake in 3SBIO (HKEX: 01530) by 2.162 million shares.
The shares were disposed of at an average price of approximately HK$17.1455 each, resulting in a total transaction value of around HK$37.07 million.
Following this divestment, the fund's remaining holding stands at about 178 million shares, representing a 6.99% stake in the company.