On November 3, 2026, JPMorgan Chase & Co. bought 17.26 million shares of PICC P&C (02328) off-exchange at an average of HKD 16.9005 per share, involving about HKD 291.67 million; it was an off-exchange transaction (nature of consideration: cash), not matched on the SEHK open market and therefore not a direct secondary-market dealing, and on the same date increased its short position by borrowing shares under a securities lending agreement (not a direct on-market dealing).
Prior to the acquisition, JPMorgan Chase & Co.’s long position in PICC P&C was 603.68 million shares, representing 8.74%; following the acquisition, the holding changed to 620.94 million shares, with the long position ratio rising to 9.0%. Separately, its short position increased from 62.11 million shares (0.9%) to 70.38 million shares (1.02%).
Comments