On July 10, BlackRock significantly expanded its position in Zhengzhou Coal Mining Machinery Group (ZMJ) (00564), acquiring 520,200 additional shares. The transaction was executed at HK$14.6394 per share, representing a total investment of approximately HK$7.6154 million.

Following this strategic move, BlackRock's total holdings in the industrial equipment manufacturer surged to 12.5306 million shares. This substantial accumulation now constitutes 5.15% of ZMJ's outstanding shares, cementing the asset manager's position as a major stakeholder.

The purchase demonstrates continued institutional confidence in ZMJ's market trajectory amid evolving energy sector dynamics. Such calculated position-building by influential investors often signals anticipation of future performance catalysts within specialized industrial niches.