Fast Pace Limited Boosts Stake in KINGSOFT with 2.43 Million Share Purchase

Stock News08-27 20:31

Hong Kong Exchange filings reveal that on August 27, Fast Pace Limited acquired 2.4312 million shares of KINGSOFT (03888) at a price of HK$24.4595 per share, totaling approximately HK$59.47 million.

Following this transaction, the entity's latest shareholding stands at roughly 112 million shares, representing an 8.14% stake in the company.

The deal also involved related parties including Xiaomi Corporation (01810) and Lei Jun.

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