Directors of many Hong Kong listed real estate developers took advantage of June share price declines to add to their holdings:
These purchases suggest that the outlook for quality companies remains favorable despite ongoing housing market restrictions and tightening of financial conditions.
Never seen insider buying for xinyuan, sigh…
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I sent a letter to the Chairman and CEO last month suggesting it and I sent a link to this article to Xinyuan IR. Xinyuan is a “foreign private issuer” so it is exempt from many insider trading reporting requirements, but companies often make voluntary disclosures of purchases by senior executives.
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Thanks for the follow-up on this, highly appreciate it!
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