UBS bought additional 9.58 million shares or a 0.17% stake in China Minsheng Banking Corporation at HKD 9.786 a share or HKD 93.75 million in total to lift its holding to 6.06% on April 25, the first additional share purchase in the recent two months.
This occurred under the context that HKD 2 billion flowed into Chinese exchange-traded funds (ETFs).