On November 11th, BlackRock increased its holdings of 1.722 million shares at an average price of HK $13.9163 per share, involving a capital of about HK $23.9639 million, according to data from the Stock Exchange. After the increase, BlackRock's latest stake in Sunac China is 234 million shares, increasing its stake from 4.98 per cent to 5.01 per cent.
It is understood that the BlackRock Group (BlackRock,Inc.) Also known as BlackRock Group, it is different from Blackstone Group (TheBlackstoneGroup), one of the largest private equity funds in the world. Headquartered in New York, the BlackRock Group serves customers through its offices in the United States, Europe and Asia.
Earlier, Sunac China announced that it had unaudited operating data for October 2021. By the end of October 2021, Rongchuang China had accumulated contract sales of about 512.8 billion yuan, an increase of 14 percent over the same period last year, with a cumulative contract sales area of about 35.67 million square meters, with an average contract sales price of about 14380 yuan per square meter, compared with 13950 yuan per square meter in the same period last year.
