CHINAHONGQIAO: Controlling Shareholder Invests HK$555.75 Million to Lift Stake to 62.31%

Bulletin Express
Jun 08

China Hongqiao Group Limited announced that its controlling shareholder, China Hongqiao Holdings Limited, acquired 21.00 million shares on 8 June 2026 through on-market transactions at an average price of HK$26.4641 per share. The purchase is valued at approximately HK$555.75 million and represents 0.21% of the company’s issued share capital.

Following the transaction, China Hongqiao Holdings’ ownership increased from 6.10 billion shares (62.10%) to 6.12 billion shares (62.31%). The company confirmed that the public float remains above the 15.04% threshold stipulated under its waiver, ensuring continued compliance with Hong Kong listing requirements.

China Hongqiao Holdings stated that the current market price undervalues the company and indicated the possibility of further share purchases, subject to regulatory compliance. The additional investment underscores the shareholder’s confidence in the group’s long-term growth prospects.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10