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After a generous dividend, Cosmo Lady (02298) executive director Wu Xiaoli once again increased shareholding, maintaining a bullish outlook on the national underwear market.
From generous dividends to continuous shareholding, the series of market actions by cosmo lady (02298) have drawn close attention from the capital markets.
In September, textile and apparel export volume was 24.78 billion US dollars, a year-on-year decrease of 3.8%.
According to the latest data released by the General Administration of Customs on October 14, textile and apparel exports in September decreased by 3.8% year-on-year and 11.3% month-on-month in terms of US dollars. Among them, textile exports fell by 2.1%, and apparel exports fell by 5.1%.
COSMO LADY: 2024 INTERIM REPORT
The omni-channel layout has achieved significant results. Cosmo Lady (02298) has gained confidence in development as director Wu Xiaoli increased shareholding.
On September 27, cosmo lady (02298) announced that director Wu Xiaoli had purchased 1,070,000 shares of the company's common stock at an average price of approximately HK$0.254 per share from September 25 to 27, 2024.
Cosmo Lady Director Buys Shares, Signals Confidence
Cosmo Lady (02298.HK) Director Wu Xiaoli purchased a total of 1.07 million shares of the company.
Granol Huayi on September 27th: Cosmo Lady (02298.HK) announced that the company was informed by Ms. Wu Xiaoli, an executive director of the company, that she had purchased a total of 1.07 million shares of the company's common stock from the market at an average price of about HK$0.254 per share from September 25 to September 27, 2024. These shares represent approximately 0.05% of the total issued share capital of the company as of the date of this announcement. Ms. Wu is the spouse of Mr. Zheng Yaonan, the company's major shareholder, board of directors chairman, and executive director, therefore, Mr. Zheng is considered to have an interest in the shares held by Ms. Wu. The company believes that Ms. Wu's recent increase in shareholding indicates her
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Lobo Negro : Will this be a profitable stock
Lobo Negro : Short term or long term
Lobo Negro : I see a profitable fluctuation just new to HK stocks and I’m all about profit gains rather then losses