Data from the Hong Kong Stock Exchange reveals that on July 24, Hongkang Life Insurance Co., Ltd. reduced its holding in Bank Of Zhengzhou (06196) by 500,000 shares.
The transaction was executed at a price of HK$0.90 per share, with a total value of HK$450,000.
Following the reduction, the insurance firm's remaining share count stands at approximately 323 million shares, representing a 15.99% stake in the bank.
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