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Li Ka Shing Foundation: H-shr Reduction in PSBC Is Part of Daily Financial Operations
Recommend 8 Positive 17 Negative 9 |
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Li Ka Shing Foundation recently sold some of its H-share holdings in PSBC (01658.HK). According to a response from CK ASSET (01113.HK) as quoted by Securities Times, the Li Ka Shing Foundation was established to promote charitable projects, and all investment transactions are serving this goal. All income from investments goes to charity. It said that the recent partial reduction of PSBC shares is part of the Foundation's day-to-day financial operations and is unrelated to the business development of PSBC. The Foundation has always maintained a good relationship with PSBC. AAStocks Financial News |
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