Tianli International (HKG:1773) said its chief executive, Luo Shi, bought another 500,000 shares of the company from the open market, according to a Hong Kong bourse filing Wednesday.
The education management firm's shares were down over 2% in morning trade Thursday.
The CEO bought the shares at an average price of HK$2.91 apiece.
Luo, who is also the chairman of the firm, owns nearly 919 million shares after the purchase representing 43.88% of the business.
The executive has buying shares of the company since the start of the year.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments