Recent data from the Hong Kong Stock Exchange reveals that on July 16th, JPMorgan Chase executed a reduction in its holdings of ZTE Corporation (HKEX: 00763). The firm sold approximately 1.2 million shares at an average price of HK$26.5620 per share, resulting in a total transaction value of roughly HK$31.9 million.

Following this divestment, JPMorgan Chase's remaining shareholding in the company stands at about 44.86 million shares, representing a stake of 5.93%.