According to Chinanews.com’s December 13 Hong Kong Stock Exchange’s disclosure of rights and interests, on December 9, Huang Guangyu sold nearly 420 million Gome retail shares at an average price of HK$0.17 per share.
After the sale, Huang Guangyu held about 9.894 billion shares, and the direct holding ratio dropped to 27.7%.
According to the website of the Hong Kong Stock Exchange, this is the fourth time Huang Guangyu reduced his holdings of Gome Retail in December. The previous three reductions were on December 5, December 7 and December 8 respectively.
On January 24 this year, Huang Guangyu's direct holding ratio was 59.94%.
(China New Finance and Economics)
Picture from HKEx website