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.