Hongkang Life Insurance Reduces Stake in Bank of Zhengzhou with Share Sale Worth Approximately HK$4.2 Million

Stock News08-27 20:02

Hong Kong Exchange filings reveal that on August 26, Hongkang Life Insurance sold 4.664 million shares of Bank of Zhengzhou (06196) at an average price of HK$0.9015 per share, totaling around HK$4.2046 million.

Following this transaction, the insurer's remaining shareholding stands at roughly 280 million shares, representing a 13.88% stake in the bank.

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