Market Chatter: Huishang Bank to Offload Some Shares for 282 Million Yuan

MT Newswires Live

2024-09-11

Market Chatter: Huishang Bank to Offload Some Shares for 282 Million Yuan

Part of Huishang Bank's (HKG:3698) shares will be sold for 282 million yuan, effective Thursday, Sept. 12, according to a report on The Paper on Sept. 10.

About 93.5 million shares will be sold for 3.01 yuan per share.

The shares were previously auctioned on June 25 and July 16, but was were not sold, the report added, citing the Ali Assets Judicial Auction Platform.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (HKD): $2.20, Change: $-0.020, Percent Change: -0.90%

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