Davis Selected Advisers Boosts Stake in SANY HEAVY IND with Major Share Purchase

Stock News06-09

According to the latest data from the Hong Kong Stock Exchange, Davis Selected Advisers, L.P., acting on behalf of the investment funds it manages, increased its holding in SANY HEAVY IND (06031) on June 5.

The firm purchased 1.2282 million shares at an average price of approximately HK$19.92 per share, involving a total consideration of about HK$24.468 million.

Following this transaction, the total number of shares held by Davis Selected Advisers has risen to 36.9562 million, representing a stake of 5.13% in the company.

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