According to the latest data from the Hong Kong Stock Exchange, Ping An Asset Management Co., Ltd. sold approximately 16.5935 million shares of CHINA TELECOM (00728) on June 24th.

The transaction was executed at an average price of about HK$4.3045 per share, resulting in a total consideration of approximately HK$71.4268 million.

Following this disposal, Ping An Asset Management's shareholding in the company has decreased to roughly 821 million shares, representing a stake of about 5.91%.