JPMorgan Trims Stake in Luxshare Precision with HK$31.9M Share Sale

Deep News08:21

Hong Kong Stock Exchange filings reveal that on August 21, JPMorgan reduced its holding in Luxshare Precision (02475) by 529,123 shares, with each share priced at HK$60.2620, bringing the total transaction value to approximately HK$31.886 million.

Following the reduction, JPMorgan's latest share count stands at roughly 31.3644 million shares, representing a 7.91% stake in the company.

This move comes as part of ongoing adjustments to the bank's portfolio, reflecting a modest decrease in its position within the electronics manufacturing sector.

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