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CSPC PHARMA Mounts 5% after Chair Purchases $110M Worth of Shrs Yesterday
Recommend 19 Positive 24 Negative 8 |
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Blue-chip CSPC PHARMA (01093.HK) opened 0.6% higher today (23rd) before extending its gains to rally as much as 6.2% peaking at HK$8.76. It last posted at HK$8.67, up 5.09%, with a trading volume of 119 million shares, involving HK$1.022 billion. CSPC PHARMA Executive Director and Chairman Cai Dongchen increased his stake in the company on market by purchasing 13.454 million shares at an average price of HK$8.1957 per share yesterday (22nd), involving approximately HK$110 million, as revealed by the equity disclosure information. After the purchase, Cai's shareholding in the company increased from 25.14% to 25.26%. AASTOCKS Financial News Website: www.aastocks.com |
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