Highest Performances Holdings Inc. (NASDAQ: HPH) Increases Its Shareholding in Fanhua to 51.1%

GUANGZHOU, China, May 07, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ:HPH) ("HPH" or the "Company"), today announced that it has increased its shareholding in Fanhua Inc. ("Fanhua"), a leading technology-driven independent financial service provider in China, from 50.1% to 51.1% as of May 6, 2024 by acquiring 565,000 American Depositary Shares of Fanhua on Nasdaq. Mr. Yinan Hu, Vice Chairman and CEO of HPH commented, "We are pleased to witness the solid progress that Fanhua has made ...