Latest data from the Hong Kong Stock Exchange reveals that on June 8th, Fidelity International, a major fund management firm, purchased an additional 513,800 shares of NETEASE MUSIC (HKEX: 09899).
The transaction was executed at a price of HK$113.0369 per share, resulting in a total investment of roughly HK$58.08 million.
Following this acquisition, Fidelity International's total shareholding in the company has risen to 11.2681 million shares, representing a 5.17% ownership stake.