UBS AG, a premier global financial services company, raised its shareholdings in China Shipping Container Lines Co to 6.97% from the previous 4.5%, sources reported. According to statistics released by the Hong Kong Stock Exchange, on Apr. 6, UBS bought approximately 92.85 million shares of the Chinese company for HK$182 million at an average price of HK$1.956 apiece.
In addition, the Switzerland-based company also lifted its H shareholdings in China Communications Construction Co Ltd and Maanshan Iron & Steel Co Ltd to 5.04% and 7.12% from the previous 4.96% and 6.99%, respectively.
In addition, the Switzerland-based company also lifted its H shareholdings in China Communications Construction Co Ltd and Maanshan Iron & Steel Co Ltd to 5.04% and 7.12% from the previous 4.96% and 6.99%, respectively.