Analogue (HKG:1977) said it planned to dispose of up to 3% of its holdings in Nanjing Canatal Data-Centre Environmental Tech (SHA:603912), according to a Hong Kong bourse filing Thursday.
Shares of the building services company gained over 1% in late morning trade Friday.
The firm, which owns 15.70% of the business, said it could sell up to 16.25 million A shares in the open market at prevailing prices to realize a gain on its investment.