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Number of foreign funds simultaneously sell down Hoa Phat Group interest 12:15 | 20/02/2021
Major funds including Norges Bank, Vietnam Enterprise Investments Ltd., PENM III German GmbH & Co. KG are selling down their shareholdings in Hoa Phat Group.
Norges Bank has just sold nearly 7.2 million Hoa Phat Group shares (HSX: HPG), reducing its ownership from 43.76 million to 36.56 million shares.
In addition, another notable fund â Vietnam Enterprise Investments Ltd. â also sold 100,000 shares, cutting its ownership from 59.61 million to 59.51 million shares.
At the same time, the group of 14 funds related to these two funds also reduced their ownership in Hoa Phat Group from 202.37 million (equivalent to 6.108 per cent) to more than 195 million shares (equivalent to 5.8879 per cent).
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