Weiqiao Textile Company Limited

SEHK:2698 Stock Report

Market Cap: HK$4.2b

Weiqiao Textile Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

SEHK:2698 Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
06 Mar 24SellHK$210,514JPMorgan Chase & Co, Brokerage and Securities InvestmentsCompany60,667HK$3.47
01 Mar 24BuyHK$3,102,132JPMorgan Chase & Co, Brokerage and Securities InvestmentsCompany896,570HK$3.46
29 Feb 24BuyHK$3,460,002Prudence Investment Management (Hong Kong) LimitedCompany1,000,000HK$3.46
28 Feb 24SellHK$8,823,254JPMorgan Chase & Co, Brokerage and Securities InvestmentsCompany2,556,427HK$3.45
21 Feb 24BuyHK$690,000Prudence Investment Management (Hong Kong) LimitedCompany200,000HK$3.45
09 Feb 24BuyHK$1,720,001Prudence Investment Management (Hong Kong) LimitedCompany500,000HK$3.44
05 Feb 24BuyHK$1,028,999Prudence Investment Management (Hong Kong) LimitedCompany300,000HK$3.43
02 Feb 24BuyHK$128,625JPMorgan Chase & Co, Brokerage and Securities InvestmentsCompany37,500HK$3.43
02 Feb 24SellHK$14,063,016JPMorgan Chase & Co, Brokerage and Securities InvestmentsCompany4,100,000HK$3.43
30 Jan 24BuyHK$1,886,500Prudence Investment Management (Hong Kong) LimitedCompany550,000HK$3.43
30 Jan 24BuyHK$26,737,420JPMorgan Chase & Co, Brokerage and Securities InvestmentsCompany7,807,462HK$3.42
25 Jan 24BuyHK$5,492,201Prudence Investment Management (Hong Kong) LimitedCompany1,603,000HK$3.43
24 Jan 24BuyHK$2,149,936JPMorgan Chase & Co, Brokerage and Securities InvestmentsCompany626,001HK$3.43
23 Jan 24BuyHK$6,554,349Prudence Investment Management (Hong Kong) LimitedCompany1,905,500HK$3.44
18 Jan 24SellHK$2,935,565JPMorgan Chase & Co, Brokerage and Securities InvestmentsCompany855,850HK$3.43
17 Jan 24BuyHK$2,718,780Prudence Investment Management (Hong Kong) LimitedCompany802,000HK$3.39
05 Jan 24BuyHK$1,702,226JPMorgan Chase & Co, Brokerage and Securities InvestmentsCompany505,201HK$3.37
05 Jan 24BuyHK$2,639,927Prudence Investment Management (Hong Kong) LimitedCompany783,500HK$3.37

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 2698?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders20,820,4001.74%
Institutions195,101,23716.3%
General Public220,597,76318.5%
Private Companies757,869,60063.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 15 shareholders own 81.48% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
63.5%
Shandong Weiqiao Pioneering Group Co.,Ltd
757,869,600HK$2.6b0%no data
5.92%
Prudence Investment Management (Hong Kong) Limited
70,766,000HK$247.0m113%93.71%
4%
JPMorgan Chase & Co, Brokerage and Securities Investments
47,783,562HK$166.8m9.67%0.02%
3.46%
Brandes Investment Partners, LP
41,333,000HK$144.3m0%0.15%
1.61%
Hongxia Zhang
19,260,400HK$67.2m8.81%no data
1.27%
BNY Mellon Asset Management
15,208,496HK$53.1m0%no data
1.01%
Dimensional Fund Advisors LP
12,077,249HK$42.1m-0.03%no data
0.25%
Australian Super Pty Ltd
3,030,000HK$10.6m0%no data
0.22%
Morgan Stanley, Investment Banking and Brokerage Investments
2,683,903HK$9.4m0%no data
0.13%
Yanhong Zhang
1,560,000HK$5.4m0%no data
0.05%
Tareno International Asset Managers
600,000HK$2.1m0%0.11%
0.047%
Acadian Asset Management LLC
558,000HK$1.9m-49.4%no data
0.037%
American Century Investment Management Inc
444,000HK$1.5m145%no data
0.0059%
Primorski Skladi
70,000HK$244.3k0%0.06%
0.00013%
Connor, Clark & Lunn Investment Management Ltd.
1,504HK$5.4k0%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/03/20 00:59
End of Day Share Price 2024/03/20 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Weiqiao Textile Company Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Haiyan GuoChina International Capital Corporation Limited
K. LauCitigroup Inc
Yuan ZhuGuosen Securities Co., Ltd.