Hong Kong Exchanges and Clearing Limited disclosed that JPMorgan Chase & Co. acquired approximately 924,002 shares of CMOC (03993) on July 10. The transaction was executed at HK$7.8413 per share, amounting to roughly HK$7.2454 million. Following this purchase, JPMorgan's total holdings in the mining company reached approximately 198 million shares, representing 5.02% of the issued share capital. This strategic move reflects increased institutional confidence in the molybdenum producer's market position.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.