KKR cuts stake in China's CICC

摘要

kkr has sold more than half its stake in china international capital corp for HK$1.52bn (US$194.6m). The US private-equity firm sold 90.4m shares through subsidiary KKR Institutions Investments on November 14 and 15 at an average price of HK$16.82 each. It had held 66.75m shares on September 30, or a stake of 10.97%, according to a regulatory filing from CICC.