Movement Alert|SHENZHOU INTL Rises 3.13% in Regular Trading, Chairman Ma Jianrong Spends Over HK$200 Million on Share Purchase

Market Focus
09/04

On September 4, SHENZHOU INTL rose 3.13% in regular trading, trading at HK$37.56/share, with turnover of HK$115 million.

On the news front, exchange filings show that Executive Director and Chairman Ma Jianrong purchased 5.6 million shares on September 1 at an average price of HK$36.1436 per share, involving approximately HK$202 million. Following the purchase, his stake rose from 42.59% to 42.96%, bringing total holdings to approximately 645.8 million shares. The transaction was conducted via Splendid Steed Investments Limited, his investment vehicle.

Notably, the purchase occurred near the stock's 52-week low of HK$34.94, sending a strong signal of management confidence in the company's medium-to-long-term value. The company had earlier reported a challenging first half, with net profit attributable to owners declining approximately 40% year-over-year to RMB 1.905 billion, weighed by higher raw material and labor costs, RMB appreciation, and softer demand. Multiple investment banks including Nomura, CICC, and Bank of America maintained buy or outperform ratings post-results, noting that the current valuation of roughly 10x PE and dividend yield above 7% largely reflects the negatives, with order momentum expected to improve sequentially in the second half.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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