Major Stake Movement in SINO-OCEAN GP as Shareholder Deposits Shares

Stock News06-01

Data from the Hong Kong Stock Exchange reveals a significant shareholding change in SINO-OCEAN GP (03377). On May 29, a total deposit value of HKD 42,975,200 was recorded, representing a 5.56% stake change. A shareholder of the company deposited 705 million shares with BNP Paribas, increasing the shareholding ratio by 5.56%.

Separately, SINO-OCEAN GP announced its contracted sales figures. For April, the group, along with its joint ventures and associates, achieved contracted sales of approximately RMB 1.63 billion. The contracted sales area was about 116,200 square meters, with an average selling price of RMB 14,000 per square meter.

From January 1 to April 30, the group's cumulative contracted sales amounted to approximately RMB 4.67 billion. The cumulative contracted sales area was about 328,200 square meters, with an average selling price of RMB 14,200 per square meter.

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