Qiangda Limited acquired a 4.6% equity stake in Citychamp Watch & Jewellery Group Limited (SEHK:256) from Hon Kwok Lung for HK$350 million (US$45 million). Nice
Is Quiagda Limited The same company as Qiangda Investments & Economics Co. Ltd. That has joint venture with AABB?
The one you mention in that link is a subsidiary of Fengrong Investment Company Limited: https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0428/2020042801322.pdf As at the Latest Practicable Date, Mr. Hon was, for the purposes of Part XV of the SFO, interested in 1,750,000 Shares, representing 0.04% of the issued share capital of the Company. Mr. Hon was also deemed to have an interest in 200,000,000 Shares which were held by Qiangda Limited, a wholly-owned subsidiary of Fengrong Investment (Hong Kong) Company Limited (“Fengrong Hong Kong”). Fengrong Hong Kong is wholly owned by Fujian Fengrong Investment Company Limited (“Fujian Fengrong”), which is owned as to approximately 31.5% by Ms. Lu Xiaojun, the spouse of Mr. Hon.
The one touted here doesn’t appear to be the same: Qiangda Investments & Economics & Co., Ltd., a Chinese holding company that focuses on the mining sector, announced the acquisition of an additional 50.0% stake in the Guerrero Gold Belt Mine and Facilities in Mexico from Asia Metals Inc., an American mining company, for US$82.0 million
——— Much like those incorrect claims that the James Gilbert that used to be CEO here was the same one claimed on Linked in.