CSTONE PHARMA-B (02616) Receives Further Investment from GIC! Stake Rises to 8.06%

Stock News2025-12-30

According to the latest data from the Hong Kong Stock Exchange, GIC Private Limited increased its stake in CSTONE PHARMA-B (02616) by 904,500 shares on December 23, at a price of HK$5.8476 per share, with a total transaction value of approximately HK$5.2892 million. Following this acquisition, GIC's total shareholding has risen to approximately 119 million shares, representing a stake of 8.06%. Notably, as a top-tier international long-term capital investor, GIC's optimistic outlook on CSTONE PHARMA is clear and demonstrates a consistent pattern. Reviewing the trajectory of these acquisitions, since GIC first disclosed a 5.49% stake in CSTONE PHARMA on August 18 this year, its buying activity has been continuous: following disclosures of further purchases on October 13 and November 10, its stake increased to 7.11%, culminating in the latest disclosed stake of 8.06%. Over a span of just over four months, from August 18 to the latest disclosure date of December 23, the stake has steadily grown, with cumulative purchases exceeding 38 million shares, which fully underscores the high level of recognition from this international sovereign wealth fund regarding the company's core value and long-term development potential.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment