Insider buying rose for the third straight week while the selling was up for the second straight week based on filings on the Hong Kong stock exchange from August 27 to 31
Buying rose for a second straight week, with some directors who had been quiet for more than two years moving to support their companies’ shares
Chief executives of Taste.Gourmet Group and Wisdom Education International record first buys as directors since their companies were listed
Overall insider activity was mixed last week as buying fell while selling rose
Insider share trading activity fell for a third straight week, as is consistent with rules that prohibit director trading ahead of earnings results
Mainland property firms top repurchases this month
Insider buying particularly high among three mainland property developers – Sunac China Holdings, China SCE Property Holdings and Country Garden Holdings
Several significant trades with buy-backs in SMI Holdings and NewOcean Energy Holdings following sharp falls in their share prices while two high-level board members of C&N Holdings and Clifford Modern Living Holdings have been unloading shares at progressively higher prices
Kohei Sato, CEO of pachinko operator Dynam Japan Holdings, also sells his shares for the time since listing in August 2012
Thirty-nine recorded 179 purchases worth US$28.29 million versus 11 firms with 34 disposals worth US$22.21. The number of companies on the buying side was not far off the previous week’s 5-day total of 42 firms
Rare repurchases seen in China All Access Holdings, China New City Commercial Development, Nature Home Holding and Fortunet e-Commerce Group
Buy-backs rise for second straight week with 12 companies posting 50 repurchases worth nearly US$25m
Sixteen firms record 69 purchases worth HK$121 million (US$15.4m) versus eight firms with 29 disposals worth HK$58 million
Eight companies that posted 25 repurchases worth HK$61 million based on filings from February 20 to 23, a holiday-shortened trading week