Guotai Junan International: UBS AG Lifts Stake to 7.78% Through Net Purchase of 8.09 Million Shares During Privatisation Process

Bulletin Express
Nov 04

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.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10