On September 18, 2026, The Goldman Sachs Group, Inc. disposed of shares of ZAI LAB (09688) via the closing of OTC derivatives contracts, causing its long position to fall below the 5% threshold. This off‑exchange derivative transaction was not a direct dealing in the underlying shares and was not matched on the SEHK open market.
Prior to the disposal, The Goldman Sachs Group, Inc.'s long position in ZAI LAB was 57.65 million shares, representing 5.07%; following the disposal, the holding changed to 56.57 million shares, with the long position ratio falling to 4.97%.
Source: Hong Kong Exchanges and Clearing Limited.
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