Swire Merlin Bingham

Filings by Swire Merlin Bingham span 4 companies, the busiest being Swire Pacific Ltd. 'B', Swire Pacific Ltd. 'A' and Swire Properties Ltd. Over a trading history stretching from 24 August 2018 to 10 October 2024, the count stands at 42 filings.

Market trades split into 12 purchases (€1.2M) and 27 sales (€12.1M). The amount is not disclosed for 6 filings. Unlike grants, an open-market purchase is paid for by the insider, at the market price. 2024 to date brings no purchases and 21 sales.

Half of the purchases are above €163k and half below. No cluster: in 6 purchases, no other insider of the company bought within 30 days. Ninety days after publication, 6 purchases show a median change of -15.1%, with the price up in 0% of them. This is a record of the past, not a forecast.

Most recently, on 14 October 2024, the filings show an open-market sale worth €123k in Swire Pacific Ltd. 'B'. The latest purchase dates back some time: it was published 1,888 days ago, on 23 August 2021. The median gap between a trade and its publication by HKEX is 2 days. This delay matters because a trade only becomes useful information once it is public. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. Source: insider filings from HKEX. Past trades are no guide to future returns.