Insider trades: Director buying falls a first in three weeks
-Asia Insider notes that director buying fell for the first time in three weeks, for the week ending 20 May.
-Purchases: 20 companies saw 41 purchases worth $1.88m last week, down from 23 corporates with 56 transactions the week prior. However, last week’s value was higher at $1.88m vs. $1.47m in the previous week.
-Sales: One firm saw a disposal last week and the week before. However, last week’s value saw a sharp drop to $10,000, from $3.95m the previous week.
-Buybacks: 16 companies posted 73 buybacks worth $40.7m, up from 14 firms and 66 trades worth $34.95m in the previous week.
Notable transactions include Hotung Investment, GLP, GL, mm2 Asia, UIC
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