Schroders PLC Increases Stake in Sanhua with 358,200 Share Purchase

Stock News

06/29

Information from Hong Kong Stock Exchange filings reveals that on June 25th, Schroders PLC acquired an additional 358,200 shares of SANHUA (HKEX: 02050). The transaction was executed at an average price of approximately HK$25.74 per share, amounting to a total investment of about HK$9.22 million.

Following this purchase, Schroders PLC's total shareholding in the company has increased to 66.9035 million shares. This represents a 14.04% ownership stake in Zhejiang Sanhua Intelligent Controls Co.,Ltd..

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The transaction was executed at an average price of approximately HK$25.74 per share, amounting to a total investment of about HK$9.22 million.<br><br>Following this purchase, Schroders PLC's total shareholding in the company has increased to 66.9035 million shares. 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