Ni Xin Expands Stake in Edding Genor With Fresh Share Purchase

Deep News
Sep 18

Hong Kong stock exchange disclosures reveal that on September 15, Ni Xin increased his holding in EDDING GENOR (06998) by acquiring 13,000 shares at a price of HKD 1.7608 each, amounting to a total transaction value of HKD 22,900. Following this purchase, Ni Xin's total shareholding now stands at approximately 767 million shares, representing a 38.07% ownership stake in the company.

This latest acquisition reflects a continued buildup in the investor's position, with the transaction size remaining modest in scale. The updated share count and percentage underscore Ni Xin's substantial influence within the company's shareholder structure, as the holding level maintains a dominant majority position.

The market will likely monitor any further moves by Ni Xin, given the significance of this stake in the context of the company's overall ownership landscape. The deal's pricing details and resulting ownership metrics provide key insights into ongoing investor activity surrounding the stock.

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