STOCKS | Lei Jun Raises Kingsoft Stake to 26.18% After Four-Day Share Purchases

Lei Jun increased his stake in Kingsoft (3888) to 26.18% from 24.94% after buying shares over four consecutive days, according to Ming Pao. Equity disclosure filings showed Lei bought 469,000 shares on June 22 at an average price of HK$22.3266, 6 million shares on June 23 at HK$22.1052, 4.592 million shares on June 24 at HK$21.7183, and 6 million shares on June 25 at HK$21.7913.