According to the announcement information of the Hong Kong Stock Exchange, Su Hua, the chairman of Kuaishou Technology, reduced his holdings of 54,713,783 Class B shares through a block transaction after the trading hours on January 18, accounting for about 1.26% of the company’s total issued share capital on the announcement date, and the consideration was 69.0563 per share. Hong Kong dollar. The price is about 4.7% discounted from the closing price of the previous trading day, totaling about 3.778 billion Hong Kong dollars. Kuaishou responded that the proceeds from the sale of Su Hua will be used in charitable donations, cutting-edge technology exploration, and infrastructure investment. As of press time, Kuaishou’s stock price fell 5%. | Related reading (First Finance and Economics)
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