Social Security Fund to reduce 15.3 million shares of ICBC H

Source: Internet
Author: User
Keywords Fund Hong Kong dollar ICBC Bank of China
Tags bank of china exchange information security social social security social security fund stock
View the latest quotes from the stock exchange of Hong Kong, recently, ICBC was reduced by the Social Security Fund, reducing the size of about 15.3 million shares of H shares, involving HK $96.36 million.  The disclosure of rights and interests of the SEHK shows that the Social Security Fund reduced its share of the shares from 19.01% to 18.99% in Friday (April 9) at an average price of HK $6.3.  The Social Security Fund to reduce the size of ICBC, is significantly lower than the previous reduction of the Bank of China. The same information from the Hong Kong stock Exchange shows that April 1, the Social Security Fund sold 30 million shares of BoC H shares.  As the largest bank in China's foreign exchange business, the bank has been selling a total of 676 million H shares to the Social Security Fund this year, down 0.9% per cent of the total issued equity equity shares. The reduction of the news did not affect ICBC's market performance. April 14, ICBC's H shares rose 0.5% to HK $6.2.
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