Understanding the Market | NCI rises over 4% to become the fourth largest shareholder of HZBANK through a negotiated transfer

Zhitong
2025.06.11 03:21
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NCI's stock price rose by more than 4%, with an increase of 4.39% as of the time of publication, trading at HKD 38.05, with a transaction volume of HKD 569 million. On June 10, HZBANK announced that NCI acquired nearly 330 million shares of Commonwealth Bank of Australia through a negotiated transfer, becoming its fourth largest shareholder with a shareholding ratio of 5.09%. The total amount of this share transfer reached RMB 4.32 billion, and it did not trigger a mandatory takeover bid. The enthusiasm of insurance funds for investing in bank stocks has significantly increased