Chinese Hongqiao (01378.HK) received an additional 7.5 million shares from its controlling shareholder, Hongqiao Holdings.
Wisdom Financial News App News, China Hongqiao (01378.HK) announced that the company's controlling shareholder, China Hongqiao Holdings Limited (Hongqiao Holdings), purchased a total of 7.5 million shares of the company from the open market on November 18, 2025 at an average price of approximately HK$30.5353 per share, equivalent to approximately 0.08% of the total number of issued shares of the company as of the date of this announcement. Prior to the share purchase, Hongqiao Holdings held 6.09 billion shares, equivalent to approximately 63.94% of the total number of issued shares of the company.
After the share purchase, Hongqiao Holdings holds 60.975 billion shares, equivalent to approximately 64.02% of the total number of issued shares of the company. According to the exemption granted to the company for the public shareholding level, the company must maintain a public shareholding level of 15.04%. Based on publicly available information and to the best of the directors' knowledge, the company is still able to meet the public shareholding requirement after the share purchase.
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