Share

Value of executive exchange slumps in fourth week of August

The arise in shopping by directors for a initial time in a past 6 weeks was short-lived, as squeeze activity fell in a fourth week of August, with 19 companies recording 86 purchases value HK$58 million, according to filings with a Hong Kong exchange.

The series of purchases was adult from a prior week’s 80 acquisitions, though a series of companies and buy value were down from 22 firms and HK$200 million.

Selling, on a other hand, rebounded with 9 companies recording 30 disposals value HK$182 million. The total were neatly adult from 5 firms, 13 disposals and HK$35 million.

Meanwhile, buy-back activity rose for a third week with 14 companies posting 74 repurchases value HK$543 million. The value was down from a prior week’s turnover of HK$718 million, though a series of firms and trades were neatly adult from 7 companies and 46 repurchases.

There were several poignant trades final week with singular buy-backs in Regal Hotels International Holdings, insider purchases in Gameone Holdings and Geely Automobile Holdings as good as sales in KPM Holding and Glory Flame Holdings.

Hotel user Regal bought behind for a initial time given Jul 2014 with 140,000 shares purchased from Aug 24 to 25 during HK$3.99 each. The trades were done on a behind of a 21 per cent miscarry in a share cost given May from HK$3.29.

The organisation formerly acquired 77.4 million shares from Apr 2012 to Jul 2014 during an normal of HK$3.95 any and scarcely 600 million shares from Oct 2005 to Jan 2011 during an normal of 55 HK cents each.

Also certain this year is authority and arch executive Lo Yuk-sui with 3.6 million shares bought from Jun 10 to Jul 19 during an normal of HK$3.65 each, that increasing his land to 67.42 per cent of a released capital. He formerly acquired 832,000 shares from Mar 23 to Apr 29 during an normal of HK$3.75 any and 18.2 million shares via final year during an normal of HK$4.50 each.

The batch sealed during HK$4.17 on Friday.

Chairman Sze Yan-ngai available his initial trades in integrated diversion developer Gameone given a batch was listed in Jan with 368,000 shares bought from Aug 16 to 24 during 76 HK cents each. The trades increasing his land to 18 per cent of a released capital.

The purchases were done on a behind of a 87 per cent dump in a share cost given May from HK$5.86. The opposite is also down given Feb from HK$7.65. Sze’s squeeze cost was reduce than a initial open charity prices of HK$1 to HK$1.50. The opposite sealed during 75 HK cents on Friday.

Vice-chairman Daniel Li Donghui available his initial trade in carmaker Geely given his appointment in Jul with dual million shares bought on Aug 23 during HK$5.79 each. The trade increasing his land to 0.1 per cent of a released capital. The merger was done on a behind of a 109 per cent arise in a share cost given Feb from HK$2.77.

Also certain this year is authority Li Shufu with 8.8 million shares bought on Jan 7 during HK$3.49 each, that increased his interest to 42.98 per cent. He formerly acquired 6 million shares from Jul 13 to 15 final year during HK$3.59 any and 17 million shares from Nov to Dec 2014 during HK$2.98 each.

The batch sealed during HK$6.07 on Friday.

Chairman Kelvin Tan Thiam Kiat available a initial corporate shareholder trades in signage and associated product use provider KPM given a batch was listed in Jul final year with 163.6 million shares sole from Aug 19 to 23 during an normal of 61 HK cents each. The trades reduced his land to 60.64 per cent of a released capital.

The disposals were done on a behind of a 29 per cent dump in a share cost given Apr from 86 HK cents. Despite a tumble in a share price, a opposite is still adult given Jan from 10 HK cents. The opposite sealed during 60 HK cents on Friday.

Chairman and arch executive Pei Wing-fu resumed offered shares in petrify dispersion use provider Glory Flame during a reduce cost with 18.3 million shares sole from Aug 22 to 23 during 48 HK cents each. The trades reduced his land to 2.53 per cent of a released capital.

The disposals were done on a behind of a 27 per cent dump in a share cost given Jul from 65 HK cents. He formerly sole 95.3 million shares from Jan 6 to Jul 5 during an normal of 94 HK cents any and 114 million shares from May to Nov final year during an normal of HK$1.77 each.

The opposite sealed during 48 HK cents on Friday.

Robert Halili is handling executive of Asia Insider