Rochester,NY 8/20/2009 10:45:26 PM
JPMorgan Chase & Co. JPM keeps accumulating Huaneng Power
JPMorgan Chase & Co.
U.S.-based financial holding company JPMorgan Chase & Co has raised its shareholding in Huaneng Power International to 11.06% from 10.76% on August 17 according to the bourse operator Hong Kong Exchanges and Clearing.
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Hong Kong Exchanges and Clearing said in a statement that JPMorgan Chase has acquired 9.17 million H-shares in Huaneng Power for HK$52.36 million ($6.75 million). The average price of the share transaction was HK$5.71 apiece.
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