• Like
  • Comment
  • Favorite

Ping An Life Insurance Increases Stake in China Merchants Bank by 6.357 Million Shares at HK$51.35 per Share

Deep News2025-12-31

According to the latest data from the Hong Kong Stock Exchange, on December 24, Ping An Life Insurance Company of China, Ltd. increased its stake in China Merchants Bank (03968) by 6.357 million shares. The transaction was executed at a price of HK$51.3494 per share, amounting to a total consideration of approximately HK$326 million. Following this acquisition, the insurer's total shareholding has risen to approximately 878 million shares, representing a stake of 19.13% in the bank.

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.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24