Jan 04, 2022 12:28 PM (GMT+8) · EqualOcean
The financial Associated Press reporter learned from various channels that Tianjin Pharmaceutical Group, the fourth largest shareholder of Bank of Tianjin, is seeking to sell its 8.06% equity in the market. Based on the current price of HK $2.15 per share of Bank of Tianjin, the market value of this part of equity is about HK $1.05 billion. The reporter also learned that the 8.97% equity of Tianjin Rural Commercial Bank held by Tianjin Pharmaceutical Group is also seeking buyers at the same time.