--- title: "Shareholder of Bank of Qingdao, Qingdao Guoxin Chanquan, increased its holdings by 49.99 million H shares, raising its stake to over 13%" type: "News" locale: "en" url: "https://longbridge.com/en/news/264311047.md" description: "Bank of Qingdao announced that its shareholder Qingdao Guoxin Chuanrong Holdings increased its holdings by 49.9875 million H shares through the Hong Kong Stock Connect on Monday, raising its shareholding ratio from 12.69% to 13.55%. After the increase, the combined shareholding ratio of Guoxin Chuanrong Holdings and its concerted actors rose from 16.43% to 17.29%" datetime: "2025-11-05T00:14:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/264311047.md) - [en](https://longbridge.com/en/news/264311047.md) - [zh-HK](https://longbridge.com/zh-HK/news/264311047.md) generator: "portal-rs" --- # Shareholder of Bank of Qingdao, Qingdao Guoxin Chanquan, increased its holdings by 49.99 million H shares, raising its stake to over 13% According to a report from Economic Information Daily on the 5th, Bank of Qingdao (03866)(Shenzhen: 002948) announced that it received a notification from its shareholder, Qingdao Guoxin Chuanrong Holdings, stating that on Monday (the 3rd), it increased its holdings by 49.875 million H shares through the Hong Kong Stock Connect, accounting for 0.86% of the total shares, with the funding sourced from its own capital. The group indicated that after the increase, Guoxin Chuanrong Holdings' shareholding ratio rose from 12.69% to 13.55%, while the combined shareholding ratio of Guoxin Chuanrong Holdings and its concerted parties increased from 16.43% to 17.29%. (wh) ### Related Stocks - [002948.CN](https://longbridge.com/en/quote/002948.CN.md) - [03866.HK](https://longbridge.com/en/quote/03866.HK.md) ## Related News & Research - [Bank of Chongqing Stands Alone Among China's 42 A-Share-Listed Banks: What Sets It Apart?](https://longbridge.com/en/news/296438590.md) - [The prediction markets are catching on with Wall Street interns](https://longbridge.com/en/news/296598965.md) - [Samsung SDI says to sell $3.2 billion worth of Samsung Display shares back to display maker](https://longbridge.com/en/news/296581806.md) - [Wenzhou Kangning Hospital files HKEX next-day disclosure, reports share repurchase for cancellation at HKD 8.89](https://longbridge.com/en/news/296610203.md) - [Short Interest in First National Bank Alaska (OTCMKTS:FBAK) Drops By 36.7%](https://longbridge.com/en/news/296255134.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**