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BRIEF-Ningbo Shanshan, Unit Unload Holdings In Bank of Ningbo, China Moly

· 02/05/2021 02:42
BRIEF-Ningbo Shanshan, Unit Unload Holdings In Bank of Ningbo, China Moly

- Ningbo Shanshan Co Ltd 600884.SS

  • SAYS IT UNLOADED ACCUMULATED 8.7 MILLION SHARES IN BANK OF NINGBO CO LTD 002142.SZ FOR 340 MILLION YUAN ($52.53 million) BETWEEN JAN 6 AND FEB 5

  • SAYS UNIT UNLOADED 143.1 MILLION A-SHARES IN CHINA MOLYBDENUM CO LTD 603993.SS FOR ABOUT 940 MILLION YUAN

  • SAYS AFTER THE TRANSACTIONS, IT NO LONGER HOLDS SHARES IN BANK OF NINGBO WHILE UNIT HOLDS 1.07% STAKE IN CHINA MOLY

Source text in Chinese: https://bit.ly/3jjYpmY

Further company coverage: 600884.SS


($1 = 6.4726 Chinese yuan renminbi)


(Reporting by Hong Kong newsroom)

((meg.shen@thomsonreuters.com; 852-39525805;))