HKEX Insider Activity — 2026-05-28

by hk-insider-activities-daily

🇭🇰 HKEX DI Report — 2026-05-28

🟢 ACCUMULATING — 861 Digital China Holdings ← Digital China Group Co. (神州数码集团), bought 26,001,000 shares @ HKD 2.36 for ~HKD 61.4M; now 15.26% (increased by 1.56pp from prior filing) Read: The HK-listed parent entity stepped up aggressively on-exchange, deploying ~HKD 61M to lift its stake in the subsidiary by 1.56pp — a direct parent-level conviction buy.

🟢 ACCUMULATING — 6865 Flat Glass Group ← Zhao Xiaofei / Jiang Jinhua / Ruan Zeyun (co-filed insiders, including directors), bought 3,750,000 H-shares @ HKD 7.98 for ~HKD 29.9M; now 1.48% (increased by 0.85pp from prior filing) Read: Three insiders filed co-disclosures covering the same on-exchange purchase of 3.75M H-shares worth ~HKD 30M, a co-ordinated insider confidence signal in this solar-glass manufacturer.

🟢 ACCUMULATING — 1866 China XLX Fertiliser ← Liu Xingxu (director), bought 594,000 shares @ HKD 10.30 for ~HKD 6.1M; now 35.27% (increased by 0.05pp from prior filing) Read: The dominant insider, already controlling over 35% of the company, added ~HKD 6.1M more in an incremental on-market top-up, reinforcing long-term conviction at current prices.

🆕 NEW ENTRY — 6821 Asymchem Laboratories ← Fullgoal Fund Management (富国基金管理), bought 53,300 H-shares @ HKD 98.28 for ~HKD 5.24M, crossing 5%; now 5.07% (increased by 0.19pp from prior filing) Read: One of China's largest mutual-fund managers has crossed the mandatory 5% H-share disclosure threshold in this CDMO name, marking a fresh reportable institutional anchor position.

🆕 NEW ENTRY — 1138 COSCO SHIPPING Energy ← BlackRock, Inc., aggregate H-share position re-crossed 5%; now 5.21% (increased by 0.44pp from prior filing), triggered by internal entity re-allocation Read: A BlackRock subsidiary filed a "ceased interest" form, but the group's consolidated stake actually grew, re-establishing a 5%+ reportable block in COSCO SHIPPING Energy.

🆕 NEW ENTRY — 300 Midea Group ← BlackRock, Inc., aggregate H-share position re-crossed 5%; now 5.01% (increased by 0.18pp from prior filing), triggered by internal entity re-allocation Read: Same BlackRock internal re-shuffle — a subsidiary's cessation disclosure coincides with the consolidated group nudging back above the 5% threshold in Midea's H-shares.

🆕 NEW ENTRY — 6 Power Assets Holdings ← BlackRock, Inc., aggregate position at 5.00% (increased by 0.04pp from prior filing), triggered by internal entity re-allocation Read: BlackRock's consolidated holding in this Hong Kong power utility just touched the 5% reporting line via an internal book re-allocation across fund entities.

🆕 NEW ENTRY — 3662 Starjoy Wellness and Travel ← Song Haodong, bought 33,514,000 shares @ HKD 0.45 for ~HKD 15.1M, crossing 5%; now 8.98% (increased by 4.61pp from prior filing) — note: event dated 2025-11-06, filed ~6 months late Read: Song Haodong made a high-conviction entry into this small-cap wellness and travel name, snapping up ~9% of the company for HKD 15M in a single filing — though the severely delayed disclosure reduces near-term signal value.

🏢 BUYBACK — 168 Tsingtao Brewery ← issuer buyback; BlackRock's passive stake adjusted to 8.74% (decreased by 0.51pp from prior filing) Read: Tsingtao Brewery's own share repurchase program mechanically shifted BlackRock's reported percentage — no independent buy or sell action by BlackRock.

⚙️ OPTION/CONVERSION — 3931 CALB Group ← Guangdong Guangqi Ruidi Equity Investment Partnership (LP), subscribed to 7,441,729 new H-shares @ HKD 34.61 for ~HKD 257.6M; now 4.99% (decreased by 0.98pp from prior filing) Read: Despite injecting ~HKD 258M via new-share subscription, this LP's percentage dipped below the 5% disclosure floor because the total share count expanded faster than its own top-up in the EV battery maker.

⚙️ OPTION/CONVERSION — 861 Digital China Holdings ← Kosalaki Investments Limited (C1) / Guo Wei, director (C2), each subscribed to 26,000,000 new shares @ HKD 2.36 for ~HKD 61.4M; Kosalaki now 5.31% (decreased by 1.55pp), Guo Wei now 14.99% (decreased by 1.55pp from prior filing) Read: New shares issued to Kosalaki and director Guo Wei diluted their relative positions even as they participated in the concurrent capital raise — the parent Digital China Group absorbed more float via on-market buys the same day.

⚙️ OPTION/CONVERSION — 875 Congyu Intelligent Agricultural Holdings ← V W Investment Holding Limited, subscribed to 41,568,000 new shares @ HKD 0.71 for ~HKD 29.5M; now 0.68% (decreased by 7.61pp from prior filing) Read: V W subscribed for new shares but a concurrent large-scale issuance to other parties collapsed its proportional stake by over 7 percentage points.

🔵 MAINTENANCE

• 2631 SICC ← Morgan Stanley: 1704 lending-pool reclassification, reported stake adjusted to 4.55% (decreased by 0.65pp)
• 3296 Huaqin ← CICC (three related entities — CICC International, CICC parent & CICC HK Securities, three co-filed): 1704 lending-pool reclassification, shares shifted between book buckets (decreased by up to 16.21pp at sub-entity level)
• 1057 Zhejiang Shibao ← Barclays: 1704 lending-pool reclassification, reported stake adjusted to 3.96% (decreased by 1.39pp) Read: All five filings are prime-broker securities lending/borrowing pool reclassifications — shares moving between lending (L) and proprietary (P) buckets — with no underlying directional trading by any of these institutions.