Ultra bilyonaryo Hans Sy purchased P5.7 million worth of shares in China Banking (CHIB), the country’s fifth largest trilyonaryo bank.
The CHIB chairman snagged a total of 1.5 million shares at P30.80 each on August 23. CHIB is up 13 percent year-to-date.
This purchase increased Sy’s personal stake in CHIB by 24 percent to 7.882 million shares.
