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PING AN Adds 100M+ H Shrs in ICBC with $520M
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PING AN (02318.HK) increased its stake in ICBC (01398.HK) by over 107 million shares on December 20, at an average price of $4.8711 per share, involving $522 million, as the Stock Exchange of Hong Kong disclosed in its statement. After the stake increase, PING AN's stake in ICBC rose from 14.99% to 15.11%.

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