JPMorgan raises shareholding in Kerry Properties to 5.18%
Published: 08 Jul 2009 17:54:24 PSTJul. 9, 2009 (China Knowledge) - U.S.-based financial holding company JPMorgan Chase & Co recently raised its shareholding in Kerry Properties Ltd<0683> to 5.18% from the previous 4.86%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>. Information from HKEx said that JPMorgan bought 4.6 million H-shares in the Chinese property developer on Jul. 2 for HK$163.7 million. The average share price of the transaction was HK$35.55 per share. H-shares of Kerry Properties declined 2.56% to end at HK$34.20 on Wednesday. Copyright © 2009 www.chinaknowledge.com |
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