China Merchants Bank Block Trade: 250,000 Shares for RMB 10.09 Million at Closing Price
China Merchants Bank Co. , Ltd. saw a block trade of 250,000 shares on August 3, with a total value of RMB 10.09 million at RMB 40.36 per share, unchanged from the stock's closing price. The buyer was Industrial Securities' Shanghai Jingkang Road branch and the seller was CITIC Securities' headquarters (non-venue). Over the past three months, the bank has recorded nine block trades totaling RMB 88.85 million. The stock closed up 1.87% at RMB 40.36, with turnover rate 0.59% and turnover RMB 4.89 billion. Main funds saw net outflow of RMB 176 million. Over five days, the stock rose 3.49% with net inflow of RMB 1.38 billion. Margin financing balance stood at RMB 10.51 billion, down 3.04% over five days.
A block trade in China Merchants Bank was executed on the block trading platform on August 3, with a volume of 250,000 shares, a total consideration of RMB 10.09 million, and a price of RMB 40.36 per share. The buying side was the Shanghai Jingkang Road Securities Business Department of Industrial Securities Co. , Ltd. , while the selling side was the headquarters (non-venue) of CITIC Securities Co. Over the past three months, the stock has recorded nine block trades with a combined value of RMB 88.85 million.
On the same day, China Merchants Bank closed at RMB 40.36, up 1.87%, with a daily turnover rate of 0.59% and turnover of RMB 4.89 billion. Main funds recorded a net outflow of RMB 176 million for the full day. Over the past five days, the stock has risen 3.49%, with a cumulative net inflow of RMB 1.38 billion. According to margin financing and securities lending data, the stock's latest margin financing balance was RMB 10.51 billion, down RMB 329 million, or 3.04%, over the past five days.
China Merchants Bank Co. was established on March 31, 1987, with a registered capital of RMB 25,219,845,601.