On August 28, 2026, IDG China Venture Capital Fund GP IV Associates Ltd. completed the sale of its entire 83.60 million shares of DIDA INC (02559) to eLong, Inc. (the Offeror) after accepting the Share Offer and receiving the corresponding proceeds, at an average price of HKD 1.3875 per share, involving approximately HKD 116.00 million.
Prior to the disposal, IDG China Venture Capital Fund GP IV Associates Ltd.'s long position in DIDA INC was 83.60 million shares, representing 8.21%; following the disposal, the holding changed to 0 shares, with the long position ratio falling to 0.00%.
Source: Hong Kong Exchanges and Clearing Limited.
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