Hong Kong Millionaire: Additional Evergrande shares sold: 1.2 billion yen worth of shares
-Chan, a major shareholder of Evergrande China-
Hong Kong millionaire Chan:
Chan, a Hong Kong millionaire who is a major shareholder of China’s real estate development giant, Evergrande Group of China.
Additional sale of China Evergrande shares:
An additional sale of HK $ 87.5 million worth of shares in Evergrande of China.
It highlighted investors’ concerns over the issue of Evergrande in China.
Notification to Hong Kong Stock Exchange:
Chan sold 24.4 million shares on September 10 for an average of HK $ 3.58 per share.
With this sale, Mr. Chen’s shareholding ratio fell from 8.15% to 7.96%.
Chan has sold the shares of Evergrande in China at least for the second time in the past month.
Bloomberg
https://www.bloomberg.co.jp/news/articles/2021-09-16/QZIVW9T0AFBD01
Evergrande Key Shareholder Sells Lots of Company Stock amid Crisis
Chan sold 24.4 million shares at an average price of HK $ 3.58
every last Friday, according to a Hong Kong Stock Exchange document.
ATSo it reduced its stake in the real estate company to 7.96% from 8.15%.
https://newsfounded.com/chileeng/evergrande-key-shareholder-sells-lots-of-company-stock-amid-crisis/