Sunshine Insurance Group Reduces Stake in Huishang Bank by 50 Million Shares at HK$3.49 Each

Stock News
Feb 13

According to the latest data from the Hong Kong Stock Exchange, Sunshine Insurance Group Co., Ltd. sold 50 million shares of Huishang Bank (03698) on February 11 at a price of HK$3.49 per share, totaling approximately HK$174.5 million. Following this transaction, the group’s remaining shareholding stands at around 129 million shares, representing a stake of 3.71%. The transaction also involved another related party: Sunshine Life Insurance Co., Ltd.

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