JPMorgan Reduces Stake in Dongfang Electric by Approximately 2 Million Shares

Stock News
07/10

Recent data from the Hong Kong Stock Exchange reveals that JPMorgan executed a sale of shares in DONGFANG ELEC (HKG: 01072) on July 6th.

The financial institution offloaded approximately 2.03 million shares at an average price of around HK$24.33 per share.

This transaction generated a total sum of roughly HK$49.44 million for the bank.

Following this reduction, JPMorgan's remaining holding stands at about 28.18 million shares.

This revised stake represents a 6.9% ownership interest in the company.

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