Smart Fish Wealthlink (HKG:0139) acquired 10.1 million shares of CMBC Capital (HKG:1141) on the open market for about HK$16.1 million, excluding transaction costs, according to a Wednesday Hong Kong bourse filing.
The average purchase price was about HK$1.60 per share.
Following the latest acquisition, the group holds 35.9 million CMBC Capital shares, representing about 3.3% of the company's issued share capital.
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.