In This Article:
Insiders ramping up their own shareholdings in their company sends a bullish signal about its future prospects. These insiders have unique insights into the underlying business, so they are well-placed to profit from potential changes moving forward. Should you followsuit? Below, I’ve selected three SEHK companies which insiders have recently accumulated more shares in.
Guotai Junan International Holdings Limited (SEHK:1788)
Guotai Junan International Holdings Limited, an investment holding company, engages in securities, futures, and leveraged foreign exchange dealing and broking in Hong Kong and internationally. Founded in 1995, and currently headed by CEO Fung Yim, the company now has 403 employees and with the market cap of HKD HK$18.28B, it falls under the large-cap category.
Guotai Junan International Holdings Limited’s (SEHK:1788) insiders have invested more than 45 million shares in the large-cap stocks within the past three months. In total, individual insiders own over 94 million shares in the business, which makes up around 1.23% of total shares outstanding.
The entity that bought on the open market in the last three months was
Guotai Junan Securities Co. Ltd.. Although this is an institutional investor, rather than a company executive or board member, the insights gained from direct access to management as a large investor would make it more well-informed than the average retail investor. In this specific instance, I would classify this investor as a company insider.
With revenues predicted to grow at 34.09% next year driving an impressive earnings growth of 41.27%, insiders may be buying based on 1788’s optimistic outlook which they believe are not yet priced into the stock. Interested in Guotai Junan International Holdings? Find out more here.
Pacific Textiles Holdings Limited (SEHK:1382)
Pacific Textiles Holdings Limited, an investment holding company, engages in the manufacture and trade of textile products. Founded in 1997, and run by CEO Wai Loi Wan, the company now has 4,919 employees and has a market cap of HKD HK$11.08B, putting it in the large-cap stocks category.
Pacific Textiles Holdings Limited (SEHK:1382) is one of Hong Kong’s large-cap stocks that saw some insider buying over the past three months, with insiders investing in more than 5 million shares during this period. In total, individual insiders own over 218 million shares in the business, which makes up around 15.1% of total shares outstanding.
The insider that recently bought more shares is Kit Vai Tou (management and board member) .