BlackRock raises stake in ZTE H-shares to 7.49%
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According to information disclosed by the Hong Kong Stock Exchange, asset management giant BlackRock increased its shareholding in ZTE Corporation's H-shares on September 17. The stake rose from 6.57% to 7.49%. This change in holdings was reported by financial news outlet East Money, citing a report from Cailian Press. The filing reflects a notable increase in BlackRock's position in the Chinese telecommunications equipment maker, though no further details on the reason for the adjustment or BlackRock's investment strategy were provided in the brief report.
Source report
According to Hong Kong Exchange data, BlackRock's shareholding in ZTE's H-shares rose from 6.57% to 7.49% on September 17.
Source: Cailianshe
Source
东方财富网-公司资讯Eastern
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