Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
XIAOMI-W's Wang Hua: HK Shr Issuance Definitely Not Major Shareholders Cutting Holdings
Recommend 27 Positive 61 Negative 42 |
||||
|
||||
|
In response to earlier reports about Xiaomi's new round of financing through issuance, Wang Hua, general manager of the public relations department of XIAOMI-W (01810.HK), noted that the market rumors saying Lei Jun was leading the reduction of Xiaomi stock holdings were a misunderstanding of the most common operations in the Hong Kong stock market. Wang explained that in a Hong Kong stock issuance, major shareholders will first allocate their own shares to independent third-party investors, and then the company will issue the same number of new shares to the major shareholders, which can significantly shorten the transaction process. As a result, an operation like this was definitely not a reduction of stock holdings by major shareholders. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
