Social Security Fund holdings of ICBC Bank of China H-shares of HK $ 150 million cash

Securities Times Reporter Sun Yuan HKEx trading information, the National Social Security Fund on February 8 reduction of the ICBC and Bank of China H-shares, for a total cash of HK $ 152.8 million. 16 million shares, H shares of the Bank of China (Confucius News) According to HKEx data, the Social Security Fund to sell on February 8, the average price of HK $ 3.356, the highest price of HK $ 3.38, covering the amount of HK $ 53.69 million; transaction. Social Security Fund held by the Banks shares accounted for by 10.01% to 9.99%. The same time, the Social Security Fund to sell 1800 shares of ICBC H-shares, average price of HK $ 5.508, the highest price of HK $ 5.54 million, involving an amount of HK $ 99.14 million; the transaction, the Social Security Fund holds shares of ICBC, accounting for 15.01% to 14.99% .

market participants said that the Social Security Funds holdings of the two banks in the Mainland may be out to meet the market trends, to the resistance to the necessary reduction of the operation in order to lock in gains, bargain-bit or will continue to overweight. Yesterday, Bank of China H shares closed at HK $ 3.28, up 0.31 percent; ICBC H shares closed at HK $ 5.34, up 0.19%.

information social security funds last year, a total of 4 times reduction of ICBCs total cash of HK $ 674 million, the most recent records from August 26 and August 30 last year, two successive reduction of 900 million H shares of ICBC and 3500 million H shares. HKEx announcement on September 6 last year, again, August 31 social security fund holdings of 3,500 shares of the Bank of China H-shares, average price per share of HK $ 3.204, HK $ 112 million cash.