Recent data from the Hong Kong Stock Exchange reveals that JPMorgan executed a sale of shares in DONGFANG ELEC (HKG: 01072) on July 6th.
The financial institution offloaded approximately 2.03 million shares at an average price of around HK$24.33 per share.
This transaction generated a total sum of roughly HK$49.44 million for the bank.
Following this reduction, JPMorgan's remaining holding stands at about 28.18 million shares.
This revised stake represents a 6.9% ownership interest in the company.
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