Chairmen dive into property blue-chips but inside buys slide

Lee Shau-kee

Directors snapped an eight-week run of rising insider buys last week, with 40 companies reporting 171 purchases worth HK$276 million, based on filings to the stock exchange for the third week of April.

Monday, 22 April, 2013, 2:50am

Directors extend share-buying binge as sales rebound

Lee Shau-kee purchased 6.63 million shares worth HK$350 million between March 26 and March 28 at an average price of HK$52.84 each. Photo: K.Y. Cheng

Buying rose for the sixth straight week and selling among directors rebounded, based on filings to the stock exchange during the holiday-shortened week of April 2 to 5. The number of filings was high during the three-day trading week, with 25 firms recording 98 purchases worth HK$679 million versus nine firms with 26 disposals worth HK$42 million.

8 Apr 2013 - 3:17am

Insider bears emerge ahead of Lunar New Year holiday

The Government of Singapore Investment Corp lowered its stake in crude oil processor Sinopec Shanghai Petrochemical to below 5 per cent of the issued capital after the stock rose 19 per cent from HK$2.56 on January 25. Photo: Bloomberg

Directors were bearish in the run-up to the Lunar New Year, with 86 companies reporting disposals of their shares by directors worth a HK$998.6 million from January 21 to February 8.

In value terms, selling of shares by directors in the past three weeks accounted for nearly 93 per cent of total insider turnover, compared with 35 per cent for the same three-week period last year.

18 Feb 2013 - 4:05am

Directors' dealings drop dramatically despite one HK$775m disposal

Directors' dealings drop dramatically despite one HK$775m disposal

Insider transactions on the local stock market plunged last week, based on filings made to the stock exchange for the period January 28 to February 1.

4 Feb 2013 - 3:57am

Inside buys dive as directors' sales surge

Wang Yusuo, Chairman of ENN Energy. Photo: Jonathan Wong

Purchases by directors plunged and their sales surged last week, according to stock exchange filings.

Fifteen companies recorded 44 purchases worth HK$33.5 million while 24 firms had 135 disposals worth HK$409.4 million.

21 Jan 2013 - 5:36am

Banks back public access to directors' addresses and full ID numbers

The Hong Kong Association of Banks raised the concerns in its submission on amendments to the Companies Ordinance. Photo: SCMP

Banks have come out against proposed changes to Hong Kong company records which would hide the home address and full ID numbers of directors and secretaries from public scrutiny.

13 Jan 2013 - 4:36am

Directors splash out on buying sprees

Most of the major trades last week were acquisitions, particularly purchase in AIA. Photo: AFP

A slowdown in buying in the second week of December proved temporary as buyers ramped up their trades last week, with 37 companies recording 148 insider purchases worth HK$127.5 million.

24 Dec 2012 - 4:46am