Hong Kong Richemont Group Limited increases its stake in China Minsheng Banking Corp., Ltd. (01988.HK) by approximately 199 million shares, with a price of around 2.62 Hong Kong dollars per share.

According to the latest data from the Hong Kong Stock Exchange, on June 30, Hong Kong Liye Group Limited increased its holdings of China Minsheng Banking Corp. Ltd. (01988.HK) by 199.31 million shares, with a price of 2.6240 Hong Kong dollars per share, totaling approximately 523 million Hong Kong dollars. After the increase, the latest number of shares held is approximately 199 million shares, with a latest shareholding ratio of 2.4%.