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New China Life Insurance Company Ltd. increased its holdings of AVIC (02357) by 31 million shares at a price of approximately HK$3.08 per share
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The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on September 29, New China Life Insurance Company Ltd. increased its holdings of China Aviation Technology (02357) by 31 million shares, at a price of HK$3.078 per share, for a total amount of about HK$954.18 million. After the increase in holdings, the latest number of shares held was approximately 373 million shares, and the latest shareholding ratio was 6.01%.

The transaction involved a related party: New China Asset Management Co., Ltd.

Additional Information: Agreed to an investment management agreement between New China Asset Management Co., Ltd. (“NCAM”) and New China Life Insurance Company Ltd. (“NCLI”), NCAM provides investment Management and consulting services for NCLI's assets. On 29 September 2026, NCAM collected 31,000,000 H shares of the listed corporation on-market, and its long position from 342,213,000 H shares (5.51%) to 373,213,000 H shares (6.01%). The shares are held as investment manager (capacity code 2102).

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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