Lufax Holding Ltd Class A (HK:6623) has released an update.
BlackRock, Inc., a major investment firm, has increased its stake in Lufax Holdings Ltd, with a recent purchase of 6,225,381 shares at $18.52 each, bringing its total shareholding to 1.3859%. This transaction is part of a possible mandatory general offer, and the shares represent a significant investment by BlackRock for its discretionary investment clients. The disclosure of this dealing was made to the Hong Kong regulatory authorities after office hours on May 20, 2024.
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