JPMorgan raises stake in Tianqi Lithium H-shares to 12.70%
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According to Hong Kong Exchange data reported by Cailianshe on September 23, JPMorgan Chase increased its shareholding in Tianqi Lithium's H-shares on September 17. The stake rose from 11.53% to 12.70%. The average purchase price for the transaction was 30.4988 Hong Kong dollars per share. This move represents a significant increase in one of the world's largest financial institutions' position in the Chinese lithium producer, which is a key player in the global battery materials supply chain.
Source report
Hong Kong, September 23 — According to data from the Hong Kong Stock Exchange, JPMorgan Chase's stake in Tianqi Lithium Corporation's H-shares rose from 11.53% to 12.70% on September 17.
The average purchase price for the additional shares was 30.4988 Hong Kong dollars.
Source
财联社Eastern