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JPMorgan Chase & Co. reduced its stake in Dongfang Electric by 652,686 shares at an average price of approximately HK$22.90 per share.
According to the latest data from the Hong Kong Stock Exchange, on July 8, JPMorgan Chase & Co. reduced its stake in Dongfang Electric (01072.HK) by 652,686 shares at an average price of HK$22.9023 per share, for a total transaction value of approximately HK$14.948 million. Following the sale, its holding stood at approximately 27,934,000 shares, representing a 6.84% stake.
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The company's new orders in the first five months of 2026 increased by 10% year-on-year, in line with its full-year target. As of the end of May, the order backlog also rose by 7% to RMB 150 billion.
Dongfang Electric (01072.HK) received a Morgan Stanley purchase of 5.3128 million H-shares, valued at approximately HK$120 million.
According to a filing disclosed by the Hong Kong Stock Exchange on July 9, Morgan Stanley purchased an additional 5.3128 million H-shares of Dongfang Electric (01072.HK) on July 3 at an average price of HK$22.6387 per share, for a total value of approximately HK$120 million. Following this acquisition, Morgan Stanley’s total holdings increased to 24.0877 million shares, raising its long position stake from 4.60% to 5.90%. Source: HKEX Equity Ownership Disclosure What is equity ownership disclosure? Under the requirements of the Hong Kong Stock Exchange, substantial shareholders (individuals or entities holding 5% or more)
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