China Shengmu Records HK$185 Million in Position Transfers, Representing 6.6% Stake

Stock News
1 hour ago

According to the latest data from the Hong Kong Stock Exchange, a significant position change was noted for CHINA SHENGMU (01432) on July 6th. The total value of the transferred positions amounted to HK$185 million, representing approximately 6.6% of the relevant holdings.

The company's shareholder transferred 536 million shares to Hong Kong Securities Clearing Company Limited, while an equivalent number of shares, 536 million, were transferred out from Deutsche Bank AG.

In a separate announcement, CHINA SHENGMU disclosed that on July 3rd, 2026, pursuant to a share award scheme, the board of directors granted a total of 114 million award shares to 65 mid-to-senior management personnel of the group, including one director. These shares represent about 1.36% of the company's issued share capital as of the announcement date.

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