ESR Group Limited (HK:1821) has released an update.
ESR Group Ltd, a key player on the Hong Kong Stock Exchange, has reported a noteworthy transaction involving one of its significant shareholders, Capital Research and Management Company, which sold 413,800 shares at a price of $12.0553, resulting in a remaining balance of 275,557,100 shares. This sale has reduced their stake to 6.5414%, a move that’s stirring speculation among investors regarding the company’s future, particularly with rumors of possible privatization.
For further insights into HK:1821 stock, check out TipRanks’ Stock Analysis page.
