tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tianli Chairman Luo Shi Raises Stake, Signals Confidence in Outlook

Story Highlights
Tianli Chairman Luo Shi Raises Stake, Signals Confidence in Outlook

Claim 70% Off TipRanks Premium

The latest update is out from Tianli International Holdings Limited ( (HK:1773) ).

Tianli International Holdings Limited has disclosed that its chairman, executive director and chief executive officer, Luo Shi, has increased his stake in the company by purchasing 500,000 shares on the open market at an average price of HK$2.91 per share, lifting his direct and indirect holding to about 43.88% of the issued share capital, excluding repurchased and treasury shares. The move signals Luo’s confidence in the group’s business outlook and prospects, while the company stresses that it continues to maintain sufficient public float under Hong Kong listing rules and advises shareholders and investors to exercise caution when trading its securities.

More about Tianli International Holdings Limited

Average Trading Volume: 18,127,824

Technical Sentiment Signal: Hold

Current Market Cap: HK$5.91B

For a thorough assessment of 1773 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1