Ping An Life continues to increase its holdings of China Merchants Bank H shares, with its shareholding exceeding 9% of the total H shares of the bank.

On March 11th, Golden Data News reported that the Hong Kong Stock Exchange disclosed the latest information that Ping An Life Insurance increased its holdings of 7.1825 million shares of China Merchants Bank H shares on March 6th, involving approximately 336 million Hong Kong dollars. After the increase, Ping An Life Insurance held 416 million shares of China Merchants Bank H shares, accounting for over 9% of the total H shares of the bank. Previously, Ping An Life Insurance disclosed a stake in China Merchants Bank H shares on January 10th, with the number of H shares held exceeding 5% of the total H shares of the bank. This means that from January 10th to March 6th, Ping An Life Insurance increased its holdings by nearly 187 million shares of China Merchants Bank H shares, with a total expenditure of approximately 8.2 billion Hong Kong dollars based on the interval transaction average price.