JPMorgan Increases Stake in Lithium Producer with 1.32 Million Share Purchase

Stock News07-14 19:32

According to the latest data from the Hong Kong Stock Exchange, on July 8th, JPMorgan Chase & Co. increased its holding in Ganfeng Lithium Group Co.,Ltd. (HKEX: 01772) by approximately 1.324567 million shares. The transaction was executed at an average price of about HK$44.7834 per share, resulting in a total investment of roughly HK$593.186 million.

Following this acquisition, the financial institution's total shareholding in the company has risen to approximately 30.1029 million shares. This represents a stake of about 6.23% in the lithium producer.

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