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LEAPMOTOR Once Rallies ~10% after Chair, Shareholder Add Stakes
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LEAPMOTOR (09863.HK) opened 1.48% higher today (29th) and saw its upswing widen exponentially, rallying as much as 9.7% to peak at HKD55.65. It last stood at HKD54.65, up 7.68%, with a turnover of 9.9665 million shares, involving HKD538 million. LEAPMOTOR announced that Chairman and CEO Zhu Jiangming and shareholder Fu Liquan collectively purchased 6.8096 million shares of the company in the open market in early to mid-April at an average price of HKD46.45 per share. Following the increase, Zhu Jiangming, Fu Liquan, and their affiliated companies, as the single largest shareholder, collectively hold 24.99% of the company’s total share capital. AAStocks Financial News |
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