A recent filing from the Hong Kong Stock Exchange reveals that on July 31, Zhang Yangdong increased their stake in COCOON HOLDINGS (00428).

The transaction involved the purchase of 8.476 million shares at a price of 0.24 Hong Kong dollars per share, resulting in a total consideration of approximately 2.0342 million Hong Kong dollars.

Following the acquisition, Zhang Yangdong now holds a total of roughly 8.476 million shares, representing a 5.49% stake in the company.