Liu Jialin

Filings by Liu Jialin span 2 companies, the busiest being Far East Horizon Ltd. and Horizon Construction Development Ltd. Between 21 December 2017 and 28 June 2024, the trades on record add up to 5 filings.

No open-market sale appears; the market trades are 5 purchases worth €181k. The totals exclude 2 filings filed without an amount. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. So far in 2024, the count stands at 2 purchases and no sales.

Half of the purchases are above €47k and half below. 3 out of 3 purchases came within 30 days of a purchase by at least one other insider of the same company. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. For 3 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 100% of cases, with a median move of +24.4%. This is a record of the past, not a forecast.

Most recently, on 4 July 2024, the filings show an open-market purchase in Horizon Construction Development Ltd. Between a trade and the moment it shows up on HKEX, the median delay is 6 days. This delay matters because a trade only becomes useful information once it is public. Source: insider filings from HKEX. Past trades are no guide to future returns.