2015-05-21

A-Share Insider Sales Up 500% Over 2014

According to the 21st Century Business Herald reporter, incomplete statistics show that through April 30, 2015, a total of 817 shareholders in Shanghai and Shenzhen companies reduced their holdings, net sales reached 219.8 billion yuan, a year earlier the total was only 40.1 billion yuan. From January to April this year, the net reduction each month was 43.4 billion yuan, 34 billion yuan, 64.4 billion yuan and 78 billion yuan.
The 5 companies seeing the heaviest selling were Sinoer Men's Wear (002485); Wenfeng Great World Chain Development (601010); Spring Airlines (601021); Western Gold (601069); and Zhongnan Heavy Industry (002445). The controlling shareholders of Sinoer reduced their holdings by 32.94%, the most in 2015. Going back a little farther to the end of 2014, Wenfeng insiders have reduced their stake from 75.72% to 20.90%.

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