News China27 Jun 2025

Ant Group cuts stake in ZhongAn insurance to 7.63%, cites investment rebalancing

| 27 Jun 2025

Ant Group has reduced its holdings in ZhongAn Online P&C Insurance, lowering its stake in the company's H-shares to 7.63%, according to a disclosure filed with the Hong Kong Stock Exchange on June 24. The transaction involved the sale of over 33m shares and marks Ant Group's second reduction in ZhongAn holdings since its initial investment 12 years ago.

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