New Hope Corporation Limited (AU:NHC) has released an update.
JPMorgan Chase & Co. has ceased to be a substantial holder in New Hope Corporation Limited as of April 12, 2024, indicating significant changes in its holdings which include securities on loan, purchases, sales, and rehypothecation of client securities. The financial maneuvers involve a culmination of transactions resulting in alterations of voting power across several JPMorgan subsidiaries. This shift could suggest strategic positioning or portfolio adjustments by the global financial powerhouse.
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