Stock Track | Swire Pacific A Soars 6.22% Intraday on Gain from Cathay Pacific Share Sale

Stock Track

03/13

Swire Pacific A's stock surged 6.22% during intraday trading on Friday, reflecting strong investor interest in the company.

The sharp rise follows the company's announcement that it plans to sell 153.1 million shares of Cathay Pacific Airways, representing a 2.52% stake, for a total of HK$1.79 billion. Swire Pacific expects to record a gain of approximately HK$365 million from this placement, which aims to return the company to its historical shareholding level in the airline. The sale will reduce Swire's ownership in Cathay Pacific to 45.12%.

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Swire Pacific expects to record a gain of approximately HK$365 million from this placement, which aims to return the company to its historical shareholding level in the airline. The sale will reduce Swire's ownership in Cathay Pacific to 45.12%.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00019","symbol_name":"太古股份公司A","start_time":0,"source_url":"","article_id":"1106430085","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1106430085","pubTimestamp":1773365788,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Swire Pacific A's stock surged 6.22% during intraday trading on Friday, reflecting strong investor interest in the company.The sharp rise follows the company's announcement that it plans to sell...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00019":"太古股份公司A"},"translate_title":"个股追踪|太古A盘中大涨6.22%国泰售股获利","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00019":1},"content_text":"Swire Pacific A's stock surged 6.22% during intraday trading on Friday, reflecting strong investor interest in the company.The sharp rise follows the company's announcement that it plans to sell 153.1 million shares of Cathay Pacific Airways, representing a 2.52% stake, for a total of HK$1.79 billion. 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