Asymchem Laboratories Sees Share Purchase by China Southern Asset Management

Stock News07-23

A recent filing with the Hong Kong Stock Exchange shows that on July 20, China Southern Asset Management Co., Ltd. increased its stake in Asymchem Laboratories (Tianjin) Co., Ltd. (HKG: 06821). The fund manager purchased 109,700 shares at an average price of approximately HK$120.18 per share, involving a total sum of around HK$13.1836 million. Following this transaction, its total shareholding has risen to 1.4173 million shares, representing a 5.09% stake in the company.

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