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.
For further insights into HK:6623 stock, check out TipRanks’ Stock Analysis page.