China Minsheng Banking says China Oceanwide has raised stake to 4.6 pct

July 21, 2016 3:03 AM

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HONG KONG, July 21 China Minsheng Banking Corp Ltd said China Oceanwide Holdings Group Co Ltd has bought 843.93 million A shares of the bank on the mainland, increasing its holding to 4.61 percent as at July 15.

China Oceanwide bought 3 million A shares of Minsheng in the secondary market and another 840.93 million A shares through block trading from July 11 to 15, the Chinese bank said in a filing to the Hong Kong's stock exchange late on Wednesday.

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