HKEX Insider Activity — 2026-09-25

by hk-insider-activities-daily

🇭🇰 HKEX DI Report — 2026-09-25

🆕 NEW ENTRY — 1268 China MeiDong Auto Holdings Ltd. ← Maven Investment Partners Ltd, 5.44% (increased by 0.48pp from prior filing, crossing the 5% disclosure threshold) Read: Maven nudged just over the 5% line with a modest ~HK$1.75M top-up — a passive-fund disclosure, not a conviction buy.

🆕 NEW ENTRY — 831 Convenience Retail Asia Ltd. ← Lotus Peak Investments Limited, 51.37% (brand-new stake, first disclosure) Read: Lotus Peak surfaced out of nowhere with a 51.37% majority stake (~HK$180.8M) in the Circle K HK operator — this looks like a change-of-control event worth digging into.

🆕 NEW ENTRY — 1989 Delton Technology (Guangzhou) Inc. - H Shares ← Barclays PLC, 5.05% (increased by 1.12pp from prior filing, crossing the 5% disclosure threshold) Read: Barclays' ~HK$71.5M crossing of the 5% line reads as prime-brokerage/swap-book positioning rather than a directional call.

🆕 NEW ENTRY — 895 Dongjiang Environmental Co. Ltd. - H Shares ← Barclays PLC, 8.55% (increased by 6.39pp from prior filing) Read: A sizable 6.39pp jump to 8.55% (~HK$24.6M) is large enough it may reflect real client demand rather than just index tracking.

🆕 NEW ENTRY — 1276 Jiangsu Hengrui Pharmaceuticals Co., Ltd. - H Shares ← UBS Group AG, 5.23% (increased by 0.80pp from prior filing, crossing the 5% disclosure threshold) Read: UBS's ~HK$101M build crossing 5% in Hengrui Pharma is a routine institutional disclosure, not evidence of a fresh thesis.

🆕 NEW ENTRY — 9927 Seres Group Co., Ltd. - H Shares ← Chongqing Xiaokang Holdings Co., Ltd., 0.92% (increased by 0.92pp from prior filing) Read: Seres' own controlling shareholder disclosed a fresh direct stake add (~HK$35.1M) — likely internal restructuring rather than outside buying; note BlackRock trimmed its Seres stake the same day below.

🏢 BUYBACK — 2600 Aluminum Corporation of China Ltd. - H Shares (Chalco) ← BlackRock, 9.64% (decreased by 0.79pp from prior filing) Read: Chalco's buyback mechanically shifted BlackRock's tracked stake down — passive index effect, not a BlackRock sell signal.

🏢 BUYBACK — 2333 Great Wall Motor Co. Ltd. - H Shares ← BlackRock, 10.85% (decreased by 0.71pp from prior filing) Read: Ongoing buyback activity trimmed BlackRock's passive stake — mechanical, no active selling implied.

🏢 BUYBACK — 358 Jiangxi Copper Co. Ltd. - H Shares ← BlackRock, 4.31% (decreased by 0.99pp from prior filing) Read: Buyback-driven share-count changes nudged BlackRock's stake down — passive rebalancing only.

🏢 BUYBACK — 9927 Seres Group Co., Ltd. - H Shares ← BlackRock, 4.41% (decreased by 1.26pp from prior filing) Read: Seres' buyback mechanically cut BlackRock's stake, layering onto the same day's Chongqing Xiaokang stake build above — no active BlackRock selling implied.

🏢 BUYBACK — 2196 Shanghai Fosun Pharmaceutical (Group) Co., Ltd. - H Shares ← BlackRock, 5.78% (decreased by 0.52pp from prior filing) Read: Fosun Pharma's buyback pushed BlackRock's tracked stake down — passive index effect, not a signal on the stock.

🏢 BUYBACK — 6869 Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. - H Shares (YOFC) ← BlackRock, 5.97% (decreased by 0.52pp from prior filing) Read: YOFC's buyback mechanically trimmed BlackRock's stake — passive rebalancing, no directional read.

⚙️ OPTION/CONVERSION — 1157 Zoomlion Heavy Industry Science and Technology Co., Ltd-H Sh ← Changsha Hesheng Technology Investment Co., Ltd., subscribed 193.76M shares @ HKD 5.863 for ~HK$1.14B total; long position resets to 0% (decreased by 12.48pp) Read: A ~HK$1.14B subscription netting to a 0% disclosed long position suggests the stake was re-booked into a different holding vehicle, not a genuine exit.

⚙️ OPTION/CONVERSION — 2076 Kanzhun Ltd. - W ← Peng Zhao (corporate vehicle), subscribed 10.71M shares @ HKD 56.9 for ~HK$609.4M total; 100% deemed interest (unchanged) Read: Founder Peng Zhao shows 100% deemed interest via a wholly-owned holding vehicle post-subscription — a related-party structure, not an open-market buy.

⚙️ OPTION/CONVERSION — 2076 Kanzhun Ltd. - W ← Peng Zhao (personal), 2.06% (decreased by 0.55pp from prior filing) on a parallel ~HK$253.7M subscription tranche Read: His personal direct stake diluted slightly as the same subscription flowed mostly through his corporate vehicle above — an internal reallocation, not a sale.

⚙️ OPTION/CONVERSION — 2028 Jolimark Holdings Ltd. ← Au Pak Yin / Tai Noi Kit Family Holdings Limited, 4.0% (decreased by 16.38pp from prior filing) on a ~HK$77.3M placement tranche Read: The founding family's stake was heavily diluted by a large placement — the same transaction also runs through the Kytronics chain below.

⚙️ OPTION/CONVERSION — 2028 Jolimark Holdings Ltd. ← Kytronics Growth Limited, 4.0% (decreased by 16.38pp from prior filing) on the same ~HK$77.3M placement Read: Part of the same Jolimark placement cascading through the Kytronics ownership chain — structural dilution, not a market sale.

⚙️ OPTION/CONVERSION — 2028 Jolimark Holdings Ltd. ← Kytronics Holdings Limited, 4.0% (decreased by 16.38pp from prior filing) on the same ~HK$77.3M placement Read: Top of the same Kytronics/Jolimark chain also lands at 4.0% post-placement — one underlying transaction reported three times up the ownership structure.

🔵 MAINTENANCE — 831 Convenience Retail Asia Ltd. • Victor Fung Kwok King: 0% (decreased by 39.86pp from prior filing) • King Lun Holdings Limited (經綸控股有限公司): 0% (decreased by 39.86pp from prior filing) Read: Matching 39.86pp drops on the same day reflect a securities lending-pool reclassification (shares shifting between L/P buckets), not an actual sale — timing coincides with the 831 stake overhaul (Lotus Peak's new 51.37% position) above, though 1704 filings are bookkeeping, not trades.