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The latest announcement is out from Cosmo Lady (China) Holdings Co. Ltd. ( (HK:2298) ).
Cosmo Lady (China) Holdings Company Limited disclosed that executive director Wu Xiaoli purchased 3,078,000 company shares on the market between 13 and 15 April 2026 at an average price of about HK$0.366 per share, equal to roughly 0.14% of the current issued share capital. Wu is the spouse of chairman and substantial shareholder Zheng Yaonan, who is therefore deemed interested in these shares, and the company said the increased stake signals her confidence in the group’s prospects, a move likely to be read by investors as a supportive vote from top management.
The board composition was also reiterated, highlighting a mix of executive, non-executive and independent non-executive directors overseeing the company. While the transaction is relatively small in percentage terms, the purchase by an insider closely linked to the controlling shareholder underscores internal support for the company at current valuation levels and may help bolster market sentiment toward the stock.
More about Cosmo Lady (China) Holdings Co. Ltd.
Cosmo Lady (China) Holdings Company Limited is a Hong Kong-listed apparel company focused on the mainland China market. The group is best known for its intimate wear and related clothing products, operating through a network of retail channels and aiming at mass-market female consumers in the mid- to value segment of the lingerie and apparel industry.
Average Trading Volume: 1,766,285
Technical Sentiment Signal: Buy
Current Market Cap: HK$811.6M
For detailed information about 2298 stock, go to TipRanks’ Stock Analysis page.