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Li Ka-shing Foundation: The reduction of Postal Savings Bank H shares is part of routine financial operations, and all proceeds are allocated for charitable purposes.
Jinshi data news on October 30th, regarding the recent sale of part of the H-share of Postal Savings Bank by the Li Ka-shing Foundation, the Changjiang Industrial Group stated that the Li Ka-shing Foundation was established to promote charity and public welfare projects, and all investment transactions are to support related goals, and the income from investments is all allocated to charitable purposes. The recent reduction of part of the Postal Savings Bank shares is part of the foundation’s daily financial operations and is unrelated to the bank’s business development. The Li Ka-shing Foundation has always maintained a good relationship with Postal Savings Bank.