Asia
ShenZhen QiangRui Precision Technology Controlling Shareholder Cuts Stake to 50%
ShenZhen QiangRui Precision Technology (SHE:301128) said controlling shareholder Qiangrui Technology trimmed its and concerted parties' combined ownership to 50.0% from 50.1%.Qiangrui Technology reduced its stake by 141,500 shares through block trading, according to a Monday filing with the Shenzhen bourse.Shares of the model tools maker closed 5% higher Tuesday.
SHE:301128