JPMorgan Chase & Co. acquired 1.29 million shares of TIANQI LITHIUM (H shares) by way of taking a security interest in shares. The transaction was executed off-exchange at an average of HKD 28.3936 per share, involving about HKD 36.74 million, with cash as consideration.
Prior to the acquisition, JPMorgan Chase & Co.'s long position in TIANQI LITHIUM was 29.44 million shares, representing 12.46%; following the acquisition, the holding changed to 30.74 million shares, with the long position ratio rising to 13.01%.
Source: Hong Kong Exchanges and Clearing Limited
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