Tencent executives reduce stocks by tens of millions of Hong Kong dollars

Sina Science and technology news on the morning of May 20, according to Hong Kong media reports, Tencent Management recently set up the current shares, the company's president Lau in Monday to reduce the 200,000 shares Tencent shares, a total of 15.916 million Hong Kong dollars.

According to the stock exchange of Hong Kong, Lau in Monday, with an average price of HK $79.582 per share and 200,000 shares of Tencent, the shareholding fell to 0.62%, after the reduction, Lau a total of HK $15.916 million.

Earlier, including founder Ma, Senior Executive vice President Zhang Zhidong and other senior executives are also set up Tencent shares. Zhang Zhidong also reduced its holdings of 1 million shares to 79.145 million Hong Kong dollars in Friday and fell to 4.22%. Earlier, MA had set up HK $670 million 13 times in the second half of last year,

Tencent shares fell 1.37% per cent against the impact of successive management cuts and closed at HK $79.4 yesterday.