China Business News: JPMorgan buys 12.37 mln shares of Hon Kwok Land

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JPMorgan buys 12.37 mln shares of Hon Kwok Land

Oct. 12, 2009 (China Knowledge) - U.S.-based financial holding company JPMorgan Chase & Co recently raised its shareholding in Hon Kwok Land Investment<0160> to 10.52% from the previous 7.94%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. HKEx said that JPMorgan on Oct. 5 bought 12.37 million shares of the Hong Kong-listed firm. However, JPMorgan did no

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