Major Holdings Ltd.: Jixiang Chen Acquires Shares, Long Position Rises to 53.77%
HK Disclosure
Oct 09
On October 5, 2026, Jixiang Chen acquired 298.09 million shares of Major Holdings Ltd. (01389) off-exchange at an average of HKD 0.3428 per share, involving approximately HKD 102.19 million. The off-exchange transaction was settled in cash, and the filing represents Chen's first notifiable interest in the company.
Prior to the acquisition, Chen's long position in Major Holdings Ltd. was 0 shares, representing 0%. Following the acquisition, the holding changed to 298.09 million shares, with the long position ratio rising to 53.77%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.