Recent data from the Hong Kong Stock Exchange reveals that on July 3rd, UBS Group AG sold 308,600 shares of ZTE (HKG: 00763). The transaction was executed at a price of HK$23.0903 per share, resulting in a total consideration of roughly HK$7.1257 million.
Following this disposal, the investment bank's remaining shareholding in the company stands at approximately 60.3555 million shares. This represents a holding proportion of 7.99%.