Fidelity International Increases Stake in Mengniu Dairy with 5.625 Million Shares

Stock News04-02

On March 27, Fidelity International purchased an additional 5.625 million shares of Mengniu Dairy (02319) at approximately HK$17.18 per share, according to the latest data from the Hong Kong Stock Exchange. The total transaction value amounted to around HK$96.62 million. Following this acquisition, Fidelity's total holding in the company reached about 199 million shares, representing a 5.14% stake. The transaction also involved other related parties, including Pandanus Associates Inc. and Pandanus Partners L.P.

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