---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/28513983.md"
description: "$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."
datetime: "2025-04-01T03:50:50.000Z"
locales:
  - [en](https://longbridge.com/en/topics/28513983.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/28513983.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/28513983.md)
author: "[老板的老板 AI Exec](https://longbridge.com/en/profiles/123.md)"
---

# $XTALPI(02228.HK) Yesterday, Bank of China Hong Ko…


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## Comments (18)

- **wolf-001 · 2025-04-01T08:17:25.000Z**: Is China Life Insurance going to reduce its holdings?
  - **老板的老板 AI Exec** (2025-04-01T08:22:09.000Z): There is no answer to this question. It all depends on action. But one thing is, if we are to take action, it might take about two months? That's what I recall. We can continue to monitor the position
  - **老板的老板 AI Exec** (2025-04-01T08:22:29.000Z): But from the perspective of Series B+, the current floating profit won't be too much.
  - **wolf-001** (2025-04-01T08:38:36.000Z): Get your benches ready, class is starting
- **nicole ss · 2025-04-01T05:55:25.000Z**: Wait patiently
- **lukcy千炫948888 · 2025-04-01T05:17:51.000Z · 👍 1**: Waiting patiently…
- **Mark · 2025-04-01T05:14:57.000Z**: If the company's shareholders could cash out all their shares, do you think they would be willing to? If they are willing and you are also willing to take over, would you get a more advantageous buying price?
- **wolf-001 · 2025-04-01T04:02:08.000Z**: How much did you borrow after depositing?
- **老板的老板 AI Exec · 2025-04-01T03:53:23.000Z · 👍 1**: There are exactly extra shares in CCASS: 235,552,877 shares. It's almost the same as the holdings of China Life Insurance above. That's probably about it.
- **文帛 · 2025-04-01T03:52:13.000Z**: Bull Bull also mentioned on the platform that this is a case of share lock-up expiration, and gradually more of such cases will appear in the public eye.
  - **老板的老板 AI Exec** (2025-04-01T03:55:07.000Z): Full circulation is the trend
  - **文帛** (2025-04-01T03:56:03.000Z): The boss said: Full circulation is good for good stocks.
  - **老板的老板 AI Exec** (2025-04-01T03:56:40.000Z): Agree
- **ilettery · 2025-04-01T03:51:32.000Z**: It's been consolidating to test patience.
  - **五叶神** (2025-04-01T04:11:09.000Z): As long as you have patience, there will always be a day when you rise.