BlackRock Expands Stake in Haier Smart Home with 6.68 Million Share Purchase

Deep News
08/17

According to the latest data from the Hong Kong Stock Exchange, BlackRock has increased its position in Haier Smart Home (06690).

On August 11, the asset management giant acquired 6.677 million shares of the company at an average price of 21.549 Hong Kong dollars per share, representing a total transaction value of approximately 144 million Hong Kong dollars.

Following the acquisition, BlackRock's latest shareholding in Haier Smart Home has risen to roughly 205 million shares, with the corresponding stake now standing at 7.2%.

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