Invesco HK buys more shares of Zhejiang Expressway
Published: 22 Nov 2009 22:28:33 PST
Nov. 23, 2009 (China Knowledge) - Invesco Hong Kong Ltd recently raised its shareholding in Zhejiang Expressway Co Ltd<0576><ZHEXY> to 7.26% from the previous 6.98%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from the HKEx showed that Invesco on Nov. 18 bought 4 million shares of Zhejiang Expressway for HK$30 million. The average share price of the transaction was HK$7.50 per share. In October, Invesco spent more than HK$100 million to acquire a total of 17.45 million shares of the Chinese toll road operator. Shares of Zhejiang Expressway edged down 2.7% to close at HK$7.23 on Friday. Copyright © 2009 www.chinaknowledge.com |
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