Reported 8 months ago
In May, major shareholders, directors, and internal stakeholders of listed companies in Taiwan collectively sold over 130,000 shares, reflecting a trend in the stock market. Notable transactions include Quanta Chairman Shen Qingxing selling 110 shares, while major buying activities included Yuanta Innovex acquiring 2,579 shares of Canon stock and Gade adding to its subsidiary's shares. Despite heavy selling pressures in May, including tax payments and the traditional stock market adage 'Sell in May and go away,' Taiwan's stock market continued to rise in June, reaching new highs with the support of Hon Hai and TSMC. Various individuals and companies were involved in selling or buying shares, with notable movements from Quanta's Chairman Shen, Dashan's major shareholder Su Wenzong, and Gade's Vice Chairman Lin Feihong, among others. Gade also announced plans to repurchase shares to show support for the company.
Source: YAHOO