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China Weaving Holdings (03778.HK) received an increase of 4 million shares in shareholding by Executive Director Zheng Yongxiang.
According to the latest equity disclosure information from the Hong Kong Stock Exchange on July 19th, on July 17th, 2024, China Weaving Holdings (03778.HK) acquired 4 million shares at an average price of HK$0.265 per share on the exchange, with a total cost of approximately HK$1.06 million. After the shareholding, the director Zheng Yongxiang now holds a total of 217,301,200 shares, increasing his shareholding percentage from 17.03% to 17.35%.
China Weaving Holdings (03778.HK) obtained 7 million shareholding increase from executive director Zheng Yongxiang.
On July 16, 2024, according to the latest equity disclosure documents of the Stock Exchange, China Weaving Holdings (03778.HK) obtained 7 million shares by executive director Zheng Yongxiang at an average price of HKD 0.26 per share, involving approximately HKD 1.82 million. After the shareholding, Zheng Yongxiang's latest shareholding number increased from 16.47% to 17.03%, holding a total of 213,301,200 shares.
China Weaving Holdings (03778.HK) received an increase in shareholding of 6.2 million shares by executive director Zheng Yongxiang.
According to the latest equity disclosure information from the Stock Exchange of Hong Kong, on July 10th, 2024, China Weaving Holdings (03778.HK), was able to increase its shareholding by 6.2 million shares at an average price of HKD 0.265 per share, involving about HKD 1.643 million. After the increase, the director Zheng Yongxiang's latest shareholding increased from 15.98% to 16.47%, with a total of 206,301,200 shares.
Changjiang Securities' Special Report on Textiles, Outfits, and Luxury Goods: Weak Demand in North America, and Elasticity of Replenishing Inventory Needs Observation.
Looking ahead, it is expected that inventory replenishment will continue, with the elasticity of replenishment depending on the strength of demand recovery at the end. The overseas apparel retail industry has gradually entered the tail end of destocking since 2022Q3, and the pace and continuity of export chain recovery depends on the pace of replenishment, while the elasticity of recovery depends on the strength of demand recovery at the end.
China Weaving Holdings Limited (03778.HK) received shareholding of 7.984 million shares by Executive Director Zheng Yongxiang.
According to the latest equity disclosure information from the HKEX, on July 8th, 2024, China Weaving Holdings (03778.HK) received director Zheng Yongxiang's on-market shareholding increase of 7.984 million shares at an average price of HKD 0.27 per share, involving approximately HKD 2.156 million. After the increase, Zheng Yongxiang's latest shareholding number is 200,101,200 shares, and the shareholding ratio has increased from 15.34% to 15.98%.
Citic Sec: supply pattern continues to optimize, viscose staple fiber industry is expected to emerge from the downturn.
Viscose staple fiber is one of the three major textile fibers, combining the advantages of both synthetic and natural fibers.
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