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Ping An Life continues to increase its holdings in China Merchants Bank H shares, with its shareholding exceeding 9% of the total H shares of the bank

Wallstreetcn
Mar 11, 2025 at 10:53 AM

According to the latest information disclosed by the Hong Kong Stock Exchange, Ping An Life increased its holdings of 7.1825 million shares of China Merchants Bank H-shares on March 6, involving approximately HKD 336 million. After the increase, Ping An Life's holdings of China Merchants Bank H-shares rose to 416 million shares, accounting for over 9% of the total H-shares of the bank. Previously, on January 10, Ping An Life made a significant purchase of China Merchants Bank H-shares, with its holdings exceeding 5% of the total H-shares of the bank. This means that from January 10 to March 6, Ping An Life cumulatively increased its holdings by nearly 187 million shares of China Merchants Bank H-shares, with a total expenditure of approximately HKD 8.2 billion based on the average transaction price during the period

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.

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