China Carbon Neutral Development (HKG:1372) said substantial shareholder Sha Tao purchased 600,000 shares on the open market at an average price of about HK$1.06 apiece, according to a Wednesday Hong Kong bourse filing.
The purchase represents about 0.09% of the company's issued share capital.
Following the transaction, Sha's interest increased to nearly 161.1 million shares, or about 23.86% of the total issued share capital, according to the filing.
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