BlackRock Expands Stake in Great Wall Motor with HK$39.8 Million Share Purchase

Stock News

昨天

Hong Kong Exchange disclosures reveal that on September 9, BlackRock boosted its position in Great Wall Motor (02333) by acquiring 5,213,774 shares at an average price of HK$7.6347 each.

The transaction, totaling approximately HK$39.81 million, lifts BlackRock's latest shareholding to around 233 million shares, representing a 10.04% ownership stake in the company.

This latest acquisition underscores BlackRock's continued confidence in the Chinese automaker, as the investment giant further solidifies its presence among the company's top shareholders.

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