Multifield International Sells HSBC Shares

MT Newswires Live

02/04

Multifield International (HKG:0898) sold 1.54 million HSBC (HKG:0005) shares on the open market, according to a Hong Kong bourse filing Tuesday.

Shares of the property investment firm gained over 7% in morning trade Wednesday.

The shares were sold at an average price of HK$138.05 apiece, or HK$212.6 million in total. The company expects to record a gain of HK$24 million on the sale in the year ending Dec. 31, 2026.

Multifield International continues to hold 4.2 million HSBC shares following the sale.

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The company expects to record a gain of HK$24 million on the sale in the year ending Dec. 31, 2026.</p><p>Multifield International continues to hold 4.2 million HSBC shares following the sale.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0310800965.SGD","symbol_name":"FTIF - Templeton Global Balanced A Acc SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2608861336","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608861336","pubTimestamp":1770176330,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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