SMC Electric Ltd
HKEX:2381
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We don't have any information about SMC Electric Ltd's insider trading.
SMC Electric Ltd
Glance View
SMC Electric Ltd. is engaged in the manufacturing and development of electric tools. The firm engages in the manufacturing and selling of electric tools and sourcing and selling of electric fans. The firm sells products including fans, work lights, vacuum cleaners and other electric tools. In addition, the products sold by the Company can generally be classified into the selling of electric tools and electric fans to overseas customers under their respective brands and selling of electric fans under the Company’s own brand ‘‘SMC’’ to the domestic and overseas markets. The firm also sources and sells different types of electric fans including ceiling fans, wall-mounted fans, stand up fans and orbital fans under the ‘‘SMC’’ brand.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
