HSC RESOURCES Records Significant Share Transfer Activity Involving Major Brokerage Firms

Stock News06-26 08:50

According to the latest data from the Hong Kong Stock Exchange, on June 25, a significant share transfer occurred for HSC RESOURCES (01850). The total value of the transferred shares amounted to HK$3.5514 million, representing a 5.07% stake in the company.

The transfer involved a shareholder moving 990,000 shares to Merrill Lynch Far East and withdrawing 2.897 million shares from BNP Paribas.

In a related disclosure from the Hong Kong Stock Exchange dated June 22, it was reported that He Yuanfan increased his holdings in HSC RESOURCES on June 12. He purchased 10.49 million ordinary shares at an average price of HK$2.85 per share, with a total transaction value of approximately HK$29.8965 million.

Following this purchase, He Yuanfan's latest shareholding stands at 10.49 million shares, giving him a long position representing 6.07% of the company.

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