Recent data from the Hong Kong Stock Exchange reveals that Schroders PLC sold a portion of its holdings in Sanhua (HKEX: 02050) on June 8th.
The investment manager disposed of approximately 1.37 million shares at an average price of HK$30.4838 per share, resulting in total proceeds of around HK$41.65 million.
Following this transaction, Schroders' remaining stake in the company stands at about 61.09 million shares, representing a 12.82% ownership interest.
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