Asset Management Arm of CITIC Securities Reduces Stake in SINOPHARM by 1.78 Million Shares

Stock News
06/04

According to the latest data from the Hong Kong Stock Exchange, on June 1st, CITIC SEC Asset Management Company sold 1.7752 million shares of SINOPHARM (01099).

The average selling price per share was approximately HK$16.9396, resulting in a total transaction value of about HK$30.0712 million.

Following this disposal, the asset manager's latest shareholding stands at approximately 146 million shares, representing a stake of 10.87%.

The transaction involved other related parties, specifically the CITIC Securities - Yunfan Single Asset Management Plan.

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