FilingReader Intelligence
China Life to reduce Bank of Hangzhou stake
July 15, 2025 at 09:51 AM UTC•By FilingReader AI
China Life Insurance Company Limited plans to reduce its Bank of Hangzhou stake by up to 50,789,430 shares, representing 0.70% of the bank's total ordinary share capital.
The divestment will occur over three months starting July 16, 2025, concluding by October 20, 2025, through centralized bidding or block trades. China Life attributes the move to asset allocation needs.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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