People’s Bank of China (PBoC), the Chinese central bank that owned a little over 1% in mortgage finance leader HDFC as of March-end, has sold some shares from its holding during the April-June quarter. This has resulted in its stake in the blue-chip company coming down to below 1%. As per Sebi, all listed companies need to disclose entities that hold at least 1% equity.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2WaSvdo
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