Directors buyback activity remained high with 17 companies that posted 72 repurchases worth HK$323 million based on filings from May 26 to June 1. The number of firms and trades were consistent with the previous 5-day period of 22 companies and 89 repurchases. The value, however, was sharply down from the previous 5-days’ turnover of HK$605 million. Photo: EVA
Robert Halili
Opinion

Opinion

The Insider by Robert Halili

Share buying by directors high for third straight week

There were several trades with huge upside potential in the share price with buybacks in Beijing Enterprises, insider buys in Haitian International and director sales in Tencent

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Directors buyback activity remained high with 17 companies that posted 72 repurchases worth HK$323 million based on filings from May 26 to June 1. The number of firms and trades were consistent with the previous 5-day period of 22 companies and 89 repurchases. The value, however, was sharply down from the previous 5-days’ turnover of HK$605 million. Photo: EVA
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