HKEX Insider Activity — 2026-07-20

by hk-insider-activities-daily

🇭🇰 HKEX DI Report — 2026-07-20

🟢 ACCUMULATING — 2899 Zijin Mining (H) ← JPMorgan Chase & Co., 14.48% (increased by 0.71pp from prior filing; 42.4M shares off-exchange @ HKD 30.35, ≈HKD 1.29B) Read: Despite disclosing an off-exchange block disposal of 42.4M H-shares, JPMorgan's aggregate disclosed position in Zijin Mining still rose on net, suggesting concurrent purchases across affiliated accounts more than offset the sale.

🆕 NEW ENTRY — 550 Allegro Culture ← Clara Cheung (concert parties: Direct Ascent Intelligent Investment / RUNXI International / RUNXI Investment), 27.01% (123.0M shares; first crossing above 5%) Read: Four entities in a Clara Cheung-controlled chain jointly disclosed a 27.01% cornerstone stake in this small-cap for the first time, revealing a previously undisclosed accumulation that now stands at more than a quarter of the company.

🆕 NEW ENTRY — 2863 Golden Faith Group Holdings ← Wai Kam Cheung & Hing Ho Kong (concert party), 13.92% (95.97M shares @ HKD 0.488, ≈HKD 46.8M; first crossing above 5%) Read: Two investors jointly disclosed a new 13.92% strategic bloc in Golden Faith at HKD 0.488/share, signalling a deliberate entry into this micro-cap at sub-dollar prices.

🆕 NEW ENTRY — 3347 Tigermed Consulting (H) ← Barclays PLC, 5.64% (crossed 5% disclosure threshold for the first time; position up by 2.41pp) Read: Barclays has built past the mandatory HKEX 5% substantial-shareholder threshold in Tigermed's H-shares, emerging as a new reportable holder at 5.64% in this A+H-listed clinical-trial services company.

🆕 NEW ENTRY — 902 Huaneng Power International (H) ← BlackRock, Inc., 5.02% (increased by 0.22pp; entity restructure re-crossed 5% threshold) Read: A related BlackRock subsidiary's cessation (reason 1004) triggered this re-filing, but the group's aggregate stake in this state-owned power utility nudged back above the 5% disclosure threshold — a structural re-entry, not a new open-market buy.

🏢 BUYBACK — 522 ASMPT ← BlackRock, Inc., now 4.82% (decreased by 0.70pp due to issuer buyback) 🏢 BUYBACK — 552 China Communications Services (H) ← BlackRock, Inc., now 4.42% (decreased by 0.62pp due to issuer buyback) 🏢 BUYBACK — 763 ZTE Corporation (H) ← BlackRock, Inc., now 6.61% (decreased by 0.63pp due to issuer buyback) 🏢 BUYBACK — 1138 COSCO Shipping Energy (H) ← BlackRock, Inc., now 7.59% (decreased by 1.55pp due to issuer buyback) 🏢 BUYBACK — 1024 Kuaishou Technology (W) ← JPMorgan Chase & Co., now 6.70% (decreased by 0.72pp due to issuer buyback; 26.5M shares @ HKD 44.70, ≈HKD 1.19B in affected consideration) 🏢 BUYBACK — 2475 Luxshare Precision (H) ← BNY Mellon Corporation, now 8.06% (decreased by 1.76pp due to issuer buyback) Read: Six institutional holders across six names filed mandatory disclosures because each issuer's own buyback program altered the outstanding share count — declining stakes here may reflect some concurrent institutional selling alongside the buybacks, but these are technical filings rather than deliberate exit signals.

🔵 MAINTENANCE

• 2590 Geekplus Technology (W, H) — Marcasite Gem Holdings Limited, 4.78% (notional decreased by 3.58pp; lending-pool reclassification)
• 2590 Geekplus Technology (W, H) — Warburg Pincus & Co., 4.78% (notional decreased by 3.58pp; lending-pool reclassification)
• 2590 Geekplus Technology (W, H) — Warburg Pincus China GP, L.P., 4.78% (notional decreased by 3.58pp; lending-pool reclassification)
• 2590 Geekplus Technology (W, H) — Warburg Pincus China, L.P., 4.78% (notional decreased by 3.58pp; lending-pool reclassification)
• 2590 Geekplus Technology (W, H) — Warburg Pincus Partners GP LLC, 4.78% (notional decreased by 3.58pp; lending-pool reclassification) Read: All five Geekplus filings carry reason 1704 (securities borrowing/lending pool reclassification) — prime-broker bookkeeping moves shifting H-shares between lending and proprietary buckets, not open-market trades, and the apparent 3.58pp swing carries zero directional signal.