JPMorgan sells 6.26m H-shares in Conch Cement

JPMorgan sells 6.26m H-shares in Conch Cement
Published: 31 July 2012


JPMorgan Chase & Co sold 6.26 million H-shares in Anhui Conch Cement Co Ltd, a major cement producer in China, at HK$ 20.46 apiece, for a total of HK$ 128 million on July 19th, media reported, citing information from the Hong Kong bourse.

After the share sale JPMorgan's holdings of Conch Cement's H-shares dipped to 12.91 from 13.4 per cent. (Source: China Business Newswire)