JPMorgan Chase Boosts Stake in LINK REIT with 7.8 Million Share Purchase

Stock News06-11

According to the latest data from the Stock Exchange of Hong Kong, JPMorgan Chase & Co. increased its holding in LINK REIT (00823) on June 5th. The transaction involved approximately 7.795 million shares at an average price of HK$38.449 per share, representing a total investment of around HK$300 million.

Following this acquisition, JPMorgan's total shareholding in the company has risen to approximately 131 million shares, equating to a 5.01% ownership stake.

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