China Hongqiao (01378.HK) received an increase in holdings by the controlling shareholder totaling 20.5 million shares.

date
10/06/2026
Zhixun Finance and Economics APP News, China Hongqiao (01378.HK) announced that its controlling shareholder, China Hongqiao Holdings Limited (China Hongqiao Holdings), purchased a total of 20.5 million shares of the company at an average price of approximately 26.3676 Hong Kong dollars per share from the open market on June 10, 2026, representing approximately 0.21% of the total number of issued shares of the company as of the date of this announcement (increased shareholding). Before the increase in shareholding, China Hongqiao Holdings held 6.119 billion shares, equivalent to approximately 62.31% of the total number of issued shares of the company. After the increase in shareholding, China Hongqiao Holdings held 6.139 billion shares, equivalent to approximately 62.52% of the total number of issued shares of the company. According to the relevant exemption obtained by the company regarding public shareholding requirements, the company must maintain a public shareholding of 15.04%. Based on publicly available information and to the best of the directors' knowledge, the company can still meet the public shareholding requirements after the increase in shareholding.