CHINA DONGXIANG: Poseidon Sports Limited Disposes of Shares, Long Position Falls to 42.84%
HK Disclosure
Nov 09
On November 4, 2026, Poseidon Sports Limited disposed of shares of CHINA DONGXIANG (03818), arising from settlement deeds for the company’s conditional buy-back of 256,090,025 charged shares entered into by the company, Gaea Sports Ltd. and the Vendors on July 24, 2026, with completion on October 20, 2026; this was not a direct secondary-market dealing on the SEHK.
Prior to the disposal, Poseidon Sports Limited’s long position in CHINA DONGXIANG was 2.67 billion shares, representing 45.33%; following the disposal, the holding changed to 2.42 billion shares, with the long position ratio falling to 42.84%.
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