Changjiang Securities (000783.SZ) announced on late Wednesday that its shareholder Shanghai Jinjiang International Hotels Development (600754.SH) cashed 54.50 million A-shares or 1.143 percent of the total share capital of the company via secondary market sale from September 26 to December 15.
After the underweighting move, Shanghai Jinjiang International Hotels Development still holds 109.80 million A-shares of Changjiang Securities, representing 2.315 percent of the company's total share capital.
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