Hong Kong Exchange data for August 20 reveals that Chairman and Executive Director Li Guoxing acquired 400,000 shares of Mei Ah Entertainment Information (00391) at a price of HK$0.233 per share, totaling HK$93,200.
Following this transaction, Li's latest shareholding stands at approximately 3.442 billion shares, representing a 58.10% stake in the company.
The purchase underscores continued confidence from the company's top leadership in its growth prospects, with the increased position reflecting a steady accumulation of shares in the open market.