Ma Jianrong, founder of Shenzhou and senior managers are looking to sell 37.5m shares worth approximately, US$659m. Post share sale, the entities will still hold about 42.3% of the company.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.