Taiping Life Insurance reduces its stake in ICBC H shares by about HK $302 million

According to data from the Hong Kong Stock Exchange, Taiping Life Insurance reduced its stake in 70 million shares of Industrial and Commercial Bank of China (01398.HK) on June 12 at a price of HK $4.31 per share, for a total amount of about HK $302 million. After the reduction, the latest number of shares is about 4.282 billion shares, and the proportion of shares is reduced from 5.01% to 4.93%.