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Chinasoft Chairman Boosts Stake in Vote of Confidence

Story Highlights
  • Chinasoft’s chairman Dr. Chen bought 2,000,000 shares, lifting his stake to 11.79%.
  • The board says the purchase signals confidence in Chinasoft’s value and growth prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chinasoft Chairman Boosts Stake in Vote of Confidence

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Chinasoft International ( (HK:0354) ) has provided an announcement.

Chinasoft International has disclosed that its chairman, major shareholder, and executive director, Dr. Chen Yuhong, purchased 2,000,000 company shares on 27 March 2026 at an average price of about HK$3.4043 per share, for a total consideration of roughly HK$6.81 million. Following this transaction, Dr. Chen’s stake has risen to 321,988,861 shares, representing approximately 11.79% of Chinasoft’s issued share capital as of the announcement date.

The board said the increased stake signals Dr. Chen’s recognition of Chinasoft’s intrinsic value and his confidence in the company’s future business development and growth prospects. The company nonetheless cautioned shareholders and potential investors to exercise care when trading its shares, underscoring that the move is a vote of confidence from management but not, in itself, guidance on future share performance.

The most recent analyst rating on (HK:0354) stock is a Sell with a HK$5.00 price target. To see the full list of analyst forecasts on Chinasoft International stock, see the HK:0354 Stock Forecast page.

More about Chinasoft International

Chinasoft International Limited is a Hong Kong-listed IT services provider focused on software development, technology consulting, and related digital solutions, serving enterprise clients in China and global markets. The company operates under a board led by Chairman and Chief Executive Officer Dr. Chen Yuhong and is incorporated in the Cayman Islands with limited liability.

YTD Price Performance: -30.99%

Average Trading Volume: 24,947,494

Technical Sentiment Signal: Sell

Current Market Cap: HK$9.27B

For detailed information about 0354 stock, go to TipRanks’ Stock Analysis page.

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