HKEX Insider Activity — 2026-05-22

by hk-insider-activities-daily

🇭🇰 HKEX DI Report — 2026-05-22

🟢 ACCUMULATING — 2628 China Life Insurance (H) ← Ping An Insurance Group, 16.12% (increased by 0.59pp from prior filing) | bought 43,835,000 shares @ HKD 29.25 for HKD 1.28B total Read: Ping An — a direct competitor to China Life — committed HKD 1.28B in a single open-market purchase lifting its cross-rival stake to 16.12%, an audacious strategic signal the market will read as either deep sector conviction or a harbinger of insurance-industry consolidation.

🟢 ACCUMULATING — 177 Jiangsu Expressway (H) ← Jiangsu Communications Holdings (via Yunshan Capital Management), 12.03% (increased by 0.78pp from prior filing) | bought 9,520,000 shares @ HKD 10.42 for HKD 99.2M total Read: Jiangsu Expressway's state-owned parent group channelled HKD 99.2M through its Yunshan Capital arm to buy H-shares on the open market, providing a visible government-backed bid beneath the stock.

🟢 ACCUMULATING — 6929 OrbusNeich Medical ← Chen Wing Shing (director, C2 insider), 0.79% (increased by 0.74pp from prior filing) | bought 6,113,409 shares @ HKD 4.00 for HKD 24.5M total Read: Director Chen Wing Shing committed HKD 24.5M at a clean round price of HKD 4.00, a high-conviction insider purchase adding 0.74pp to his stake and signalling management confidence in this medical-device maker.

🆕 NEW ENTRY — 6911 Pu'er Lancang Ancient Tea (H) ← Kim Gyeongguk (beneficially through Kun Zhong Limited), first notifiable at 23.00% | 13,000,000 shares @ HKD 2.44 for HKD 31.7M Read: Korean investor Kim Gyeongguk disclosed a cornerstone 23.0% H-share stake in this newly-listed premium-tea company acquired through his vehicle Kun Zhong Limited — a dominant anchor position that concentrates control risk in a single foreign blockholder.

🆕 NEW ENTRY — 3919 Golden Power Group ← Zhu Weijiang, first notifiable at 13.89% | 5,400,000 shares @ HKD 1.10 for HKD 5.94M Read: Zhu Weijiang surfaced as a 13.89% substantial holder in this small-cap electrical-components company at HKD 1.10 per share — a concentrated entry that warrants monitoring for activist or strategic intent.

🆕 NEW ENTRY — 482 Sandmartin International ← Peng Chih Chi, first notifiable at 11.41% | 28,000,000 shares @ HKD 0.75 for HKD 21.0M Read: Peng Chih Chi established an 11.41% blocking stake in Sandmartin International at HKD 0.75 per share for HKD 21.0M — a sub-dollar micro-cap entry of a size that could presage board influence or a privatisation overture.

🆕 NEW ENTRY — 1024 Kuaishou-W ← BlackRock (re-aggregated group position), 5.06% (increased by 0.11pp from prior filing) Read: One BlackRock sub-entity filed a "ceased interest" notice for Kuaishou, but the overall BlackRock group long position actually rose 0.11pp to 5.06%, confirming this is an intra-group reallocation with no reduction in economic exposure to this short-video platform.

🏢 BUYBACK — 1138 COSCO SHIPPING Energy (H) ← BlackRock, 5.38% (decreased by 1.28pp from prior filing) Read: COSCO SHIPPING Energy's issuer-buyback programme altered the outstanding share count, mechanically lowering BlackRock's reportable stake by 1.28pp to 5.38% — still just above the notifiable threshold.

🏢 BUYBACK — 1995 Ever Sunshine Services ← BNY Mellon, 5.84% (decreased by 1.27pp from prior filing) Read: Ever Sunshine's buyback reduced total shares outstanding and pushed BNY Mellon's custodial stake to 5.84%, a 1.27pp decline attributable entirely to the company's capital action rather than any bank trading.

🏢 BUYBACK — 1772 Ganfeng Lithium (H) ← BlackRock, 6.92% (decreased by 0.88pp from prior filing) Read: Ganfeng Lithium's buyback reshuffled the share count to produce a 0.88pp mechanical drift in BlackRock's stake to 6.92%; no directional signal from BlackRock itself.

🏢 BUYBACK — 576 Zhejiang Expressway (H) ← BlackRock, 4.74% (decreased by 0.69pp from prior filing) Read: Zhejiang Expressway's buyback dropped BlackRock below the 5% disclosure threshold to 4.74%; a follow-up "ceased to be notifiable" confirmation filing may be forthcoming.

🏢 BUYBACK — 2600 Chalco (H) ← BlackRock, 8.99% (decreased by 0.64pp from prior filing) Read: Chalco's issuer buyback mechanically drifted BlackRock's stake to 8.99%, a 0.64pp change driven by corporate capital management rather than a BlackRock trade decision.

🏢 BUYBACK — 3993 CMOC Group (H) ← BlackRock, 7.96% (decreased by 0.54pp from prior filing) Read: CMOC's buyback activity trimmed BlackRock's stake by 0.54pp to 7.96% — routine for an index holder as the company manages its float.

⚙️ OPTION/CONVERSION — 6198 Qingdao Port (H) ← FMR LLC (Fidelity), 7.30% (decreased by 0.75pp from prior filing) | subscribed 8,235,000 new shares @ HKD 7.58 for HKD 62.4M Read: Fidelity subscribed to 8.24M new Qingdao Port H-shares for HKD 62.4M, but the broader share issuance diluted all existing holders such that Fidelity's percentage slipped 0.75pp to 7.30% despite the new-share participation.

🔵 MAINTENANCE — lending-pool reclassifications and structural disclosures

• 2631 SICC ← Morgan Stanley, 4.26% (decreased by 1.67pp) — securities borrowing/lending pool change (1704)
• 2473 XXF Group ← Barclays PLC, 2.52% (decreased by 3.66pp) — securities borrowing/lending pool change (1704)
• 9889 Dongguan Rural Commercial Bank (H) ← Cheung Pui Yin / Po Yin Development Limited, 18.11% — structural deemed-interest disclosure (1013); no transaction price reported

Read: The large percentage swings on SICC and XXF Group reflect Morgan Stanley's and Barclays' shares shifting between long and prime-brokerage lending buckets — prime-broker bookkeeping reclassifications, not open-market trades — while the Dongguan Rural Commercial Bank 18.11% filing by Cheung Pui Yin and his vehicle Po Yin Development carries no transaction price and appears to be a structural deemed-interest disclosure, leaving all three filings directionally inert.