JF SMARTINVEST: Wenbin Chen Disposes of Shares, Long Position Falls to 54.91%
HK Disclosure
Sep 18
On September 16, 2026, Wenbin Chen disposed of 14.00 million shares of JF SMARTINVEST (09636) off-exchange at an average of HKD 26.57 per share, involving about HKD 371.98 million, as part of a larger transaction comprising also a sale of 22.50 million shares by Rich Horizon Investments Limited (owned by CHEN NINGFENG). The transaction was an off-exchange trade with cash consideration, not matched on the SEHK open market.
Prior to the disposal, Wenbin Chen's long position in JF SMARTINVEST was 293.67 million shares, representing 62.7%; following the disposal, the holding changed to 257.17 million shares, with the long position ratio falling to 54.91%.
This involves related parties: YAN Ming and CHEN NINGFENG.
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