Cai Jing Wang·2026-02-26 01:55Group 1 - Tencent has reduced its stake in CICC by selling 650,000 H-shares at an average price of 21.4688 HKD, cashing out approximately 13.95 million HKD [1] - Since July 2025, Tencent has conducted seven rounds of share reductions, totaling 24.84 million shares sold and generating 529 million HKD in cash [2] - After the latest reduction, Tencent holds 95.16 million H-shares, representing 4.99% of CICC's H-shares, thus no longer required to disclose further changes in shareholding [2] Group 2 - Alibaba is also gradually exiting its position as a major shareholder in CICC, having reduced its stake from 6.85% to 3.83% after selling 57.5 million H-shares in May 2025 [3] - Despite the exit of major internet companies, foreign institutions are increasing their interest in CICC, with the Brunei Investment Agency becoming the 9th largest shareholder with a 0.21% stake [3] - CICC is expected to achieve a net profit of 8.542 billion to 10.535 billion RMB for the fiscal year 2025, reflecting a year-on-year increase of 50% to 85% [3]