HKEX Insider Activity — 2026-10-12

by hk-insider-activities-daily

🇭🇰 HKEX DI Report — 2026-10-12

🟢 ACCUMULATING — 2339 BeijingWest Industries International ← Luxshare Precision Industry Co., Ltd., 104.50% (increased by 104.50pp from prior filing; 1,350,434,724 shares) Read: Luxshare moved from no holding to a controlling position, but a figure above 100% is an anomaly worth checking against the source filing (reason code 1013 is unclassified).

🔴 DISTRIBUTING — 9978 Fineland Living Services Group ← Fineland Group Holdings Company Limited, 0.00% (decreased by 24.30pp from prior filing; 97,200,000 shares @ HK$0.14 for HK$13.61M total) Read: This related-party holder fell to zero in the same 97.2M-share block as its peers, which looks like a group restructuring rather than open-market selling.

🔴 DISTRIBUTING — 9978 Fineland Living Services Group ← Hero Dragon Management Limited, 0.00% (decreased by 24.30pp from prior filing; 97,200,000 shares @ HK$0.14 for HK$13.61M total) Read: Same 97.2M-share block and same 24.30pp drop as the other group entities, so treat it as one reshuffle, not several independent exits.

🔴 DISTRIBUTING — 9978 Fineland Living Services Group ← Stand Smooth Group Limited, 0.00% (decreased by 24.30pp from prior filing; 97,200,000 shares @ HK$0.14 for HK$13.61M total) Read: Identical share count and drop to its sister entities, pointing to a single reallocation event.

🔴 DISTRIBUTING — 9978 Fineland Living Services Group ← Widethrive Investments Limited, 0.00% (decreased by 24.30pp from prior filing; 97,200,000 shares @ HK$0.14 for HK$13.61M total) Read: One more leg of the same 97.2M-share block, so don't count it as separate selling pressure.

🔴 DISTRIBUTING — 9978 Fineland Living Services Group ← Kangkang He, 0.00% (decreased by 56.49pp from prior filing; 97,200,000 shares @ HK$0.14 for HK$13.61M total) Read: This individual's 56.49pp stake, likely held through the entities above, was cleared at HK$0.14 per share, consistent with an upstream ownership reshuffle.

🔴 DISTRIBUTING — 9978 Fineland Living Services Group ← Muming Zheng, 3.24% (decreased by 12.96pp from prior filing; 51,848,000 shares @ HK$0.14 for HK$7.26M total) Read: A deemed-interest cut to 3.24% that mirrors the Aspiring Vision / Tse Lai Wa filings on the same 51.8M shares.

🔴 DISTRIBUTING — 9978 Fineland Living Services Group ← Peng Huang, 3.24% (decreased by 53.25pp from prior filing; 50,996,000 shares @ HK$0.14 for HK$7.14M total) Read: A large look-through cut that pairs with the Huiyu Investment filing on the same 50.996M shares, so it is a restructuring footprint, not a conviction exit.

🆕 NEW ENTRY — 390 China Railway Group (H Shares) ← BlackRock, Inc., 5.01% (increased by 0.29pp from prior filing; 12,109,180 shares) Read: The 1004 filing came with a higher aggregate holding, so this is BlackRock re-papering its position across entities and holding just above the 5% disclosure line.

🆕 NEW ENTRY — 902 Huaneng Power International (H Shares) ← BlackRock, Inc., 5.08% (increased by 0.19pp from prior filing; 9,164,223 shares) Read: The aggregate rose to 5.08% despite the 1004 label, so it reads as an entity consolidation with a small net add.

🆕 NEW ENTRY — 1357 Meitu, Inc. ← BlackRock, Inc., 5.09% (increased by 0.55pp from prior filing; 24,826,880 shares) Read: BlackRock's aggregate Meitu stake grew 0.55pp to 5.09%, a modest passive accumulation.

🆕 NEW ENTRY — 1638 Kaisa Group Holdings ← JPMorgan Chase & Co., 5.12% (increased by 3.30pp from prior filing; 418,011,244 shares @ HK$0.0001 for HK$41,801 total) Read: The 3.30pp jump at a nominal HK$0.0001 per share looks like a prime-brokerage or collateral movement in a distressed developer, not a conviction buy.

🏢 BUYBACK — 1081 Dajin Heavy Industry (H Shares) ← JPMorgan Chase & Co., 7.25% (decreased by 1.25pp from prior filing; 1,278,400 shares @ HK$31.71 for HK$40.54M total) Read: Buyback-driven filing, but JPMorgan's long position went down 1.25pp, which suggests it is also cutting its stake or inventory.

⚙️ OPTION/CONVERSION — 1276 Jiangsu Hengrui Pharmaceuticals (H Shares) ← GIC Private Limited, 15.86% (decreased by 0.79pp from prior filing; 2,058,000 shares @ HK$48.97 for HK$100.79M total) Read: This is a subscription-related percentage change, and GIC remains a large 15.86% holder, so it is not a directional exit.

⚙️ OPTION/CONVERSION — 9978 Fineland Living Services Group ← Ming Fong, 0.00% (decreased by 56.49pp from prior filing; 97,200,000 shares @ HK$0.14 for HK$13.61M total) Read: The subscription code ties this to the same 97.2M-share new-issue and reshuffle event as the other Fineland filings.

⚙️ OPTION/CONVERSION — 9978 Fineland Living Services Group ← Mansion Green Holdings Limited, 0.00% (decreased by 24.30pp from prior filing; 97,200,000 shares @ HK$0.14 for HK$13.61M total) Read: This is subscription paperwork within the same group, and the stake going to zero reflects restructuring rather than open-market selling.

⚙️ OPTION/CONVERSION — 9978 Fineland Living Services Group ← Aspiring Vision Holdings Limited, 3.24% (decreased by 12.96pp from prior filing; 51,848,000 shares @ HK$0.14 for HK$7.26M total) Read: Dilution or subscription-driven, and it leaves a residual 3.24% interest.

⚙️ OPTION/CONVERSION — 9978 Fineland Living Services Group ← Lai Wa Tse, 3.24% (decreased by 12.96pp from prior filing; 51,848,000 shares @ HK$0.14 for HK$7.26M total) Read: This is the same 51.8M-share subscription event as Aspiring Vision, so don't double-count it.

⚙️ OPTION/CONVERSION — 9978 Fineland Living Services Group ← Huiyu Investment Holdings Limited, 2.25% (decreased by 12.75pp from prior filing; 50,996,000 shares @ HK$0.14 for HK$7.14M total) Read: This is a subscription-driven filing that pairs with Peng Huang's look-through disclosure.

🔵 MAINTENANCE

• 9976 Shenzhen Longsys Electronics (H Shares) ← CITIC Securities Company Limited, 1.34% (decreased by 15.00pp from prior filing; 4,498,600 shares)

  Read: The 15.00pp swing is a securities lending-pool reclassification between L and P buckets in prime-broker books, not a real trade or directional signal.