On November 2, 2026, JPMorgan Chase & Co. acquired 10.88 million HUANENG POWER (H shares) off-exchange by taking a security interest in shares at an average of HKD 6.0733 per share, involving about HKD 66.07 million (consideration: cash), not matched on the SEHK open market and therefore not a direct secondary‑market dealing; it also increased its short position, which did not arise from a direct on‑market dealing.
Prior to the acquisition, JPMorgan Chase & Co.’s long position in HUANENG POWER was 231.31 million shares, representing 4.92%; following the acquisition, the holding changed to 242.19 million shares, with the long position ratio rising to 5.15%. Separately, its short position increased from 72.71 million shares (1.54%) to 78.06 million shares (1.66%).
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