On 9 September 2026, the Executive under the Hong Kong Code on Takeovers and Mergers disclosed that UBS AG increased its shareholding in Guotai Junan International Holdings Ltd. (Guotai Junan International) through a series of on-market purchases executed on 8 September 2026. These trades form part of the reporting requirements linked to the company’s proposed privatisation by scheme of arrangement.
UBS AG acquired a cumulative 548,000 Guotai Junan International shares at prices ranging between HK$2.8815 and HK$2.8881 per share, representing an average consideration of roughly HK$2.89 per share. The transactions lifted UBS AG’s stake from 7.22% to 7.24%, taking its total holding to 689.68 million shares.
The investment bank is classified as a Class (6) associate of the offeree company under the Takeovers Code and confirmed that all dealings were conducted for its own account. UBS AG is ultimately controlled by UBS Group AG.
The disclosure forms part of the ongoing monitoring process surrounding Guotai Junan International’s planned privatisation via a scheme of arrangement, requiring associates of the offeree to report any dealings in the company’s securities.