Ma Huateng offloads HK$2b shares - News Summed Up
Ma Huateng offloads HK$2b shares

Ma Huateng offloads HK$2b shares

January 20, 2020 10:52 UTC

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Ma Huateng offloads HK$2b shares


Pony Ma's interest in Tencent has dropped from 8.58 percent to 8.53 percent. Tencent Holdings (0700) Chairman, Ma Huateng, has offloaded shares for four consecutive days last week, the first time in two years, selling a total of five million shares worth about HK$2 billion, data from the Stock Exchange of Hong Kong showed. Ma's interest in Tencent has dropped from 8.58 percent to 8.53 percent. A spokesperson from Tencent told Apple Daily it is part of Ma's personal financial planning. Shares of Tencent dipped by 0.75 percent to HK$396.


Source: The Standard January 20, 2020 10:52 UTC



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