Healthy! Not so bad, right?
Bank of China hits record high on US$40B note plan, bond issuance
Baidu's AI Pivot and Offshore Green Energy Transitions Anchor HK Equities
Hong Kong Stocks Close Mixed: Hang Seng Dips 6 Points, Property Shares Rally, Meituan Tumbles Over 6%
HK Midday: Hang Seng Down 64 Pts; Meituan Tumbles Pre-Earnings, Kingboard Soars
Hong Kong Midday: Hang Seng Dips 0.25%; Mainland Developers Surge, Gold Stocks Retreat, Meituan Slides 6%
Bank of China hits record high on perpetual bond issuance and capital moves
Healthy! Not so bad, right?
$XTALPI(02228.HK) Yesterday, Bank of China Hong Kong made a large number of "buy" orders, which should be depository receipts. It was probably a previous shareholder, such as China Life Insurance (I remember there was a similar shareholder) with holdings of approximately 235,560,969 shares, accounting for 5.86%. Comparing the number of shares transferred by BOC Hong Kong yesterday: 235 million shares. It's roughly the same. Since China Life Insurance is a state-owned enterprise, the probability of using BOC Hong Kong is the highest. I roughly guess it's their depository. It's likely that Pharmaron issued them stock certificates, converting paper certificates into electronic shares.