JPMorgan Chase & Co. Boosts Stake in WuXi AppTec (HK:02359) with HK$211 Million Purchase
Stock News
1 hour ago
Hong Kong stock exchange disclosures reveal that on September 7, JPMorgan Chase & Co. increased its position in Wuxi Apptec (02359) by 1,102,999 shares, transacting at a per-share price of HK$191.7113, for a total consideration of approximately HK$211 million.
Following this transaction, the financial institution's latest shareholding stands at roughly 54.38 million shares, representing a 10.01% ownership stake in the company.
The move underscores continued institutional confidence in the contract research organization's growth prospects amid a dynamic market environment.
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