BlackRock Boosts Stake in Wuxi Lead with 710,900 Share Acquisition at ~HK$31.86 Each
Deep News
Aug 17
BlackRock, Inc. has increased its holdings in Wuxi Lead Intelligent Equipment Co., Ltd. (stock code: 00470), according to the latest data from the Hong Kong Stock Exchange. The transaction, executed on August 11, involved the acquisition of 710,900 shares at an average price of HK$31.8584 per share, totaling approximately HK$22.6481 million.
Following this purchase, BlackRock now holds a total of approximately 11.3691 million shares in the company. This represents a 10.52% stake in the outstanding shares of Wuxi Lead, reflecting the asset manager's continued confidence in the firm's 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.