What stocks did Guangfeng dispose of?

Guangfeng disposed of shares in Bank of China (Hong Kong), with the securities code 3988.

What is the purpose of this transaction?

The specific purpose of this transaction is for investment portfolio management.

What is the total transaction amount?

The total transaction amount is 352,726 thousand NTD (approximately 352.726 million HKD).

Does the disposal gain affect the company's current period profit or loss?

No, this realized gain is directly transferred from Other Comprehensive Income under Shareholders' Equity to Retained Earnings.

Does Guangfeng have a relationship with Bank of China (Hong Kong)?

According to the announcement, there is no relationship between the two parties.

[Guangfeng] Announcement of Disposal of Securities

AI Summary (NQ-processed)

Guangfeng announced the disposal of Bank of China (Hong Kong) shares, with a transaction amount of HKD 352.726 million and a realized disposal gain of approximately HKD 148.979 million. This action is part of investment portfolio management, does not affect the company's current period profit or loss, and involves pledged shares.

AI Analysis

Frequently Asked Questions

Q: What stocks did Guangfeng dispose of?: A: Guangfeng disposed of shares in Bank of China (Hong Kong), with the securities code 3988.
Q: What is the purpose of this transaction?: A: The specific purpose of this transaction is for investment portfolio management.
Q: What is the total transaction amount?: A: The total transaction amount is 352,726 thousand NTD (approximately 352.726 million HKD).
Q: Does the disposal gain affect the company's current period profit or loss?: A: No, this realized gain is directly transferred from Other Comprehensive Income under Shareholders' Equity to Retained Earnings.
Q: Does Guangfeng have a relationship with Bank of China (Hong Kong)?: A: According to the announcement, there is no relationship between the two parties.