Hong Kong: AK Medical CEO continues to sell down stake

Zhijiang Li, chairman and chief executive of AK Medical Holdings, the largest artificial orthopaedic joint manufacturer in China, is continuing to sell down his stake in the group. Via his Ximalaya Limited vehicle, he has sold 30 million shares or a 2.71% stake at HK$21.04 per share to raise HK$631.2m (US$81.4m). The shares were bought…