Smart Fish Wealthlink (HKG:0139) acquired 10.1 million shares of CMBC Capital (HKG:1141) on the open market for about HK$16.1 million, excluding transaction costs, according to a Wednesday Hong Kong bourse filing.
The average purchase price was about HK$1.60 per share.
Following the latest acquisition, the group holds 35.9 million CMBC Capital shares, representing about 3.3% of the company's issued share capital.