BOE Technology Group's (SHE:000725, SHE:200725) controlling shareholder Beijing Electronics raised its direct stake in the electronics components producer to 3.46% from 2.96%.
Beijing Electronics acquired 186.1 million A shares between July 29 and Oct. 13 for 999.8 million yuan, the electronic components producer said in a Shenzhen bourse filing on Thursday.
BOE's class A shares fell 3%, while its class B shares declined nearly 2% Thursday morning in Shenzhen.
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