Ant Group Cuts Stake in ZhongAn Insurance
Ant Group has reduced its holdings in ZhongAn Online P&C Insurance, lowering its stake in the company’s H-shares to 7.63%, according to a disclosure filed with the Hong Kong Stock Exchange on June 24, 2025. The transaction involved the sale of over 33 million shares and marks Ant Group’s second reduction in ZhongAn holdings since its initial investment 12 years ago.
This move is part of Ant Group’s investment rebalancing strategy. The reduction in stake is the second time Ant Group has adjusted its holdings in ZhongAn since its initial investment. The sale was disclosed through a filing with the Hong Kong Stock Exchange, providing transparency about the transaction details.
The insurance sector has been experiencing significant developments recently, with various companies adjusting their investment strategies. Ant Group’s decision to reduce its stake in ZhongAn Insurance reflects a broader trend of investment rebalancing within the industry.
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