Haidilao International's (HKG:6862) Chair, CEO, and Controlling Shareholder Zhang Yong acquired nearly 11.4 million ordinary shares in the firm, according to a Friday filing with the Hong Kong bourse.
The shares were purchased from the open market on Thursday and Friday for an average price of approximately HK$13.39 apiece.
Zhang now, directly and indirectly, holds 2.09 billion shares in the hotpot operator, representing 37.56% of its total issued shares.
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