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Hengdu Group (00725) subsidiary sells a total of 40,000 Alibaba shares

Zhitongcaijing·08/25/2026 00:57:05
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According to the Zhitong Finance App, Hengdu Group (00725) announced that on August 24, 2026, Fangdonghui Wire & Cable Co., Ltd. (a wholly-owned subsidiary of the Company) has sold a total of 40,000 Alibaba shares on the open market, which is equivalent to about 0.00021% of Alibaba's issued share capital. The total cost is about HK$4.488 million (not including transaction costs), and the average price is about HK$112.2 per Alibaba share.

Including this sale, from March 9, 2026 to August 24, 2026, the seller has sold a total of 120,000 Alibaba shares on the open market, which is equivalent to about 0.00063% of Alibaba's issued share capital. The total cost is approximately HK$146.28 million (not including transaction costs). The average price is approximately HK$121.9 per Alibaba share.