Recent data from the Hong Kong Stock Exchange reveals that Schroders PLC sold a portion of its holdings in Sanhua (HKEX: 02050) on June 8th.
The investment manager disposed of approximately 1.37 million shares at an average price of HK$30.4838 per share, resulting in total proceeds of around HK$41.65 million.
Following this transaction, Schroders' remaining stake in the company stands at about 61.09 million shares, representing a 12.82% ownership interest.