Ping An Asset Management Co., Ltd. reduced its holding of China Telecom (00728) by approximately 16.59 million shares, with a price of about 4.30 Hong Kong dollars per share.

According to the Securities Times APP, the latest data from the Hong Kong Stock Exchange shows that on June 24th, Ping An Asset Management Co., Ltd. reduced its holdings of China Telecom (00728) by 1,659,352.4 million shares, with a price of HK$4.3045 per share, for a total amount of approximately HK$71.4268 million. After the reduction, the new number of shares held is approximately 821 million, with a shareholding ratio of 5.91%.