Wednesday, April 11, 2018

Privatisation of China Vast is on the cards



Insider trading records for China Vast

Just checked the insider purchases of China Vast and the latest figures may signal a privitisation of the company could be on the cards:

China Orient Alternative Investment Fund and China Orient Asset Management Co owns about 8.3% of China Vast. WANG Jianjun and ZHAO Ying own about 72.39%, and Central Huijin Investment Ltd China Construction Bank Corporation together own about 7.81%.
The three groups together own a total of 88.5% combined stake in China Vast. The free float is really very dry now. I think WANG Jianjun will find difficulty to nibble more shares from the open market now.

I will hold my position in 6166.HK until he announces privitisation of the company!


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