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An announcement from Tianjin Construction Development Group Co., Ltd. Class H ( (HK:2515) ) is now available.
Tianjin Construction Development Group Co., Ltd. announced that its controlling shareholder, Mr. Wang, has completed a series of share disposals through block trades between 23 April and 22 May 2026. The transactions, executed at an average price of HKD 0.9 per share, involved the sale of 71,988,028 shares, representing a 27.80% reduction in his stake.
Following the disposals, Mr. Wang’s shareholding in the company stands at 85,508,895 unrestricted shares, equal to 33.02% of the total share capital. The completion of this planned sell-down materially reduces the controlling shareholder’s concentration while maintaining a significant strategic stake, a shift that may influence future governance dynamics and market perception of the stock’s free float and liquidity.
More about Tianjin Construction Development Group Co., Ltd. Class H
Tianjin Construction Development Group Co., Ltd. is a Hong Kong-listed joint stock company incorporated in the People’s Republic of China. The group operates in the construction and infrastructure sector, focusing on building and development projects in domestic markets, with its H shares traded under stock code 2515.
Average Trading Volume: 1,448,400
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$279.7M
Learn more about 2515 stock on TipRanks’ Stock Analysis page.