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Did insiders make abnormal return?

Research carried by the University of Hong Kong in 2002 indicated that; On average, firms in Hong Kong have very concentrated ownership and insiders trade more actively and account for larger fractions of total turnover of their firms' shares than do US insiders. Inside buyers earn statistically and economically significant positive mean abnormal returns. Inside buyers' abnormal returns are especially large for firms in consolidated industries.
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Insider Trading Rule of Thumb

Stocks often perform better following a month of insider buying.

The activity of a company's officers is more instructive than that of other insiders.

The smaller the company, the more predictive its insider activity.

If several insiders are moving in the same direction, then this should be considered more revealing than the activity of a single insider.

Sales are more common than purchases and provide less insight into a company's operations.

Larger trades should be given more credence than smaller ones.

Inactivity should be taken as a positive sign when a stock is rising.

Insider buying at or near 52 week low is positive signal. However, insider selling at or near 52 week high is negative signal.

Over 1300 insider trading reports, our insider "RESEARCH TOOLS" helps you to discover investment opportunities above!

[2371]

Individual Substantial Shareholder

Yeung Yuk Wa sold 500,000 shares of ZZNode Technologies Co. Ltd.(2371.HK) on Feb 11th, 2010 at 1.749 HKD per share (On exchange average price). Shareholdings decrease to 5.98%.

View price chart  As of Mar 11th, 2010, [2371] Closing Price: 1.470, smart money return 15.95 %

[0199]

Company Director / CxO

Cheung Hon Kit purchased 174,000 shares of ITC Properties Group Ltd.(0199.HK) on Feb 11th, 2010 at 1.080 HKD per share (On exchange average price). Shareholdings increase to 2.70%.

View price chart  As of Mar 5th, 2010, [0199] Closing Price: 1.250, holding return 15.74 %

[0813]

Company Director / CxO

Liu Sai Fei purchased 437,500 shares of Shimao Property Holdings Ltd.(0813.HK) on Feb 11th, 2010 at 12.097 HKD per share (On exchange average price). Shareholdings increase to 0.03%.

View price chart  As of Mar 10th, 2010, [0813] Closing Price: 14.540, holding return 20.20 %

[2880]

Institutional Shareholder

JPMorgan Chase & Co. purchased 4,312,000 shares of Dalian Port (PDA) Co. Ltd. - H Shares(2880.HK) on Feb 11th, 2010 at 3.190 HKD per share (On exchange average price). Shareholdings increase to 10.20%.

View price chart  As of Mar 11th, 2010, [2880] Closing Price: 3.520, holding return 10.34 %

[0751]

Institutional Shareholder

Halbis Capital Management (Hong Kong) Limited purchased 5,130,000 shares of Skyworth Digital Holdings Ltd.(0751.HK) on Feb 11th, 2010 at 7.587 HKD per share (On exchange average price). Shareholdings increase to 5.20%.

View price chart  As of Mar 11th, 2010, [0751] Closing Price: 8.830, holding return 16.38 %

[0763]

Institutional Shareholder

FIL Limited purchased 1,001,400 shares of ZTE Corporation - H Shares(0763.HK) on Feb 11th, 2010 at 45.789 USD per share (On exchange average price). Shareholdings increase to 8.14%.

View price chart  As of Mar 11th, 2010, [0763] Closing Price: 51.700, holding return 12.91 %

[1883]

Institutional Shareholder

CITIC Group purchased 405,826,087 shares of CITIC 1616 Holdings Ltd.(1883.HK) on Feb 11th, 2010 at 2.300 HKD per share (off exchange average price). Shareholdings increase to 73.09%.

View price chart  As of Mar 10th, 2010, [1883] Closing Price: 2.580, holding return 12.17 %

[2777]

Institutional Shareholder

Credit Suisse Group AG purchased 1,618,000 shares of Guangzhou R&F Properties Co. Ltd. - H Shares(2777.HK) on Feb 11th, 2010 at 11.332 HKD per share (On exchange average price). Shareholdings increase to 9.11%.

View price chart  As of Mar 10th, 2010, [2777] Closing Price: 12.980, holding return 14.54 %

[2307]

Individual Substantial Shareholder

Lian Wei Fei sold 13,000,000 shares of Kam Hing International Holdings Ltd.(2307.HK) on Feb 10th, 2010 at 2.200 HKD per share (On exchange average price). Shareholdings decrease to 8.34%.

View price chart  As of Mar 11th, 2010, [2307] Closing Price: 1.980, smart money return 10.00 %

[0173]

Company Director / CxO

Lui Che Woo purchased 1,500,000 shares of K. Wah International Holdings Ltd.(0173.HK) on Feb 10th, 2010 at 2.414 HKD per share (On exchange average price). Shareholdings increase to 58.39%.

View price chart  As of Mar 11th, 2010, [0173] Closing Price: 2.740, holding return 13.50 %

[0131]

Company Director / CxO

Chao Sze Tsung Cecil purchased 235,000 shares of Cheuk Nang (Holdings) Ltd.(0131.HK) on Feb 10th, 2010 at 2.394 HKD per share (On exchange average price). Shareholdings increase to 67.16%.

View price chart  As of Mar 10th, 2010, [0131] Closing Price: 2.650, holding return 10.69 %

[0242]

Company Director / CxO

Ho Chiu Fung Daisy purchased 346,000 shares of Shun Tak Holdings Ltd.(0242.HK) on Feb 10th, 2010 at 3.990 HKD per share (On exchange average price). Shareholdings increase to 15.04%.

View price chart  As of Mar 11th, 2010, [0242] Closing Price: 4.540, holding return 13.78 %

[1338]

Institutional Shareholder

Mirae Asset Global Investments (Hong Kong) Limited purchased 1,632,000 shares of BaWang International (Group) Holding Ltd.(1338.HK) on Feb 10th, 2010 at 4.360 HKD per share (On exchange average price). Shareholdings increase to 5.01%.

View price chart  As of Mar 10th, 2010, [1338] Closing Price: 5.290, holding return 21.33 %

[1109]

Institutional Shareholder

JPMorgan Chase & Co. purchased 8,716,850 shares of China Resources Land Ltd.(1109.HK) on Feb 10th, 2010 at 14.970 HKD per share (On exchange average price). Shareholdings increase to 8.09%.

View price chart  As of Mar 11th, 2010, [1109] Closing Price: 17.440, holding return 16.50 %

[1171]

Institutional Shareholder

JPMorgan Chase & Co. purchased 2,117,000 shares of Yanzhou Coal Mining Co. Ltd. - H Shares(1171.HK) on Feb 10th, 2010 at 15.420 HKD per share (On exchange average price). Shareholdings increase to 8.02%.

View price chart  As of Mar 11th, 2010, [1171] Closing Price: 17.100, holding return 10.89 %

[0163]

Individual Substantial Shareholder

Yeung Sau Shing Albert purchased 4,000 shares of Emperor International Holdings Ltd.(0163.HK) on Feb 9th, 2010 at 1.460 HKD per share (On exchange average price). Shareholdings increase to 105.20%.

View price chart  As of Mar 10th, 2010, [0163] Closing Price: 1.630, holding return 11.64 %

[0845]

Company Director / CxO

Zhang Zhi Rong purchased 9,500,000 shares of Glorious Property Holdings Ltd.(0845.HK) on Feb 9th, 2010 at 2.829 HKD per share (On exchange average price). Shareholdings increase to 64.94%.

View price chart  As of Mar 10th, 2010, [0845] Closing Price: 3.310, holding return 17.00 %

[8026]

Company Director / CxO

Yip Heon Keung sold 60,000 shares of Prosten Technology Holdings Ltd.(8026.HK) on Feb 9th, 2010 at 0.700 HKD per share (On exchange average price). Shareholdings decrease to 54.38%.

View price chart  As of Mar 11th, 2010, [8026] Closing Price: 0.610, smart money return 12.86 %

Mobile Insider News

 
 

Hang Sheng Index (shows insider active buying period)

30-Day Insider Sentiment Index (HKII-30)

 

Hong Kong Insiders Sentiment Index (HKII) represents sentiment of company insiders trading activities in Hong Kong Security Exchange for the past 12 months. The HKII represents rolling 30 days total number of company with buy transactions divided by rolling 30 days total number of company with sell transactions. Active zone indicates strong insider trading activities in that period.