If you want to know who really controls China Anchu Energy Storage Group Limited (HKG:2399), then you’ll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are individual insiders with 50% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Having purchased shares recently, insiders must be glad after market cap hit HK$1.3b last week. Let’s delve deeper into each type of owner of China Anchu Energy Storage Group, beginning with the chart below. SEHK:2399 Ownership Breakdown October 8th 2022 What Does The Lack Of Institutional Ownership Tell Us About China Anchu Energy Storage Group? Small companies that are not very actively traded often lack institutional investors, but it’s less common to see large companies without them. There are multiple explanations…
Insiders continue to buy China Anchu Energy Storage Group Limited (HKG:2399) and now own 50% shares
