On August 3, CFMEE fell 5.21% in regular trading, trading at HK$263.8/share, with turnover of HK$42.83 million.
On the news front, Norway's sovereign wealth fund Norges Bank has been continuously reducing its H-share holdings. On July 24, Norges Bank sold 113,100 shares at approximately HK$303.91 per share, totaling approximately HK$34.37 million, reducing its stake to 8.61%. Prior to this, the institution had already reduced its position by 170,000 shares on July 3, representing a significant cumulative reduction in the short term.
Additionally, on July 31, a block trade on the A-share side was executed at RMB 240 per share, representing a steep 26.21% discount to the closing price of RMB 325.23. The transaction involved 50,000 shares with a total value of RMB 12 million, signaling notable institutional selling pressure that continues to weigh on market confidence.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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