Hong Kong’s Takeovers Executive has disclosed that UBS AG—classified as a Class (6) associate of Guotai Junan International Holdings Ltd (Guotai Junan International) due to its existing shareholding—significantly increased its position in the company on 3 November 2026, while the offeree is undergoing privatisation by scheme of arrangement.
On the trade date, UBS AG executed four on-market purchases totalling 8.46 million shares at prices between HK$2.9614 and HK$2.9677 per share, alongside five disposals amounting to 0.37 million shares at HK$2.9579–HK$2.9636 per share. The transactions resulted in a net acquisition of approximately 8.09 million shares.
Following these dealings, UBS AG’s aggregate holding in Guotai Junan International rose to 741.52 million shares, equivalent to 7.78 % of the company’s issued share capital, up from about 7.68 % prior to the trades.
Based on the disclosed prices: • Gross purchase consideration is estimated at HK$25.12 million. • Gross sale proceeds are estimated at HK$1.08 million. • The net cash outflow for UBS AG is therefore about HK$24.04 million.
UBS AG confirmed that all transactions were conducted for its own account.