China Hongqiao controlling shareholder boosts stake, eyes further increases

China Hongqiao Holdings Limited, the controlling shareholder of China Hongqiao Group Limited, acquired 7,500,000 shares of the company on November 18, 2025. These shares were purchased in the open market at an average price of approximately HK$30.5353 per share, representing about 0.08% of the total issued shares.

Prior to this increase, Hongqiao Holdings held 6,090,031,073 shares, or approximately 63.94% of the company's total issued shares. Following the acquisition, Hongqiao Holdings now holds 6,097,531,073 shares, increasing its stake to approximately 64.02%. The company confirmed it continues to meet the 15.04% public float requirement.

The announcement highlights that this increased shareholding reflects Hongqiao Holdings' confidence in the group's future prospects and long-term growth. The controlling shareholder also indicated that it might consider further increasing its shareholding in the future, subject to regulatory compliance.