
YHLO Biotech's Controlling Shareholder Trims Stake

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(MT Newswires) -- Shenzhen YHLO Biotech's (SHA:688575) controlling shareholder, Hu Kunhui, reduced his holdings in the company, according to a Shanghai bourse filing on Thursday. Hu offloaded 11,408,536 shares through block trading. After the transaction, Hu and his concerted parties reduced their stake to 47.06% from 49.06%, the Chinese biotechnology company said.

