by winston » Wed Jul 15, 2020 8:31 am
PICC GROUP (01339.HK)'s 2nd Largest Shareholder NSSF Mulls Selling Up to 885M A Shrs
2020/07/09
PICC GROUP (01339.HK) announced that National Council for Social Security Fund of the People’s Republic of China (NSSF), the second largest shareholder of the Company, has recently informed the Company that due to the need for asset allocation and investment business, it plans to sell down not exceeding 885 million unrestricted A shares (representing not exceeding 2% of the current number of total issued shares of the Company) by way of call auction or block trade transfer within a six-month period commencing from 15 trading days after 9 July.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"