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CN ICF Offloads SMIC H Shrs Last Fri to Cash in HKD545M; Stake Cut to 6.91%
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China Integrated Circuit Industry Investment Fund (ICF) reduced its holdings in SMIC (00981.HK) by 11.3 million H-shares last Friday, March 28, 2025, according to the Hong Kong Stock Exchange’s equity disclosure. The average transaction price was HKD48.2826 per share, generating cash of over HKD545 million. Following the sale, the fund’s stake in SMIC shed from 7.05% to 6.91%. AAStocks Financial News |
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