Tongxin International Ltd
OTC:TXIC
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We don't have any information about TXIC's insider trading.
Tongxin International Ltd
Glance View
Tongxin International Ltd. is an integrated independent supplier of commercial and engineered vehicle body structures in China. The company is headquartered in Changsha, Hunan. The company went IPO on 2006-06-12. The company is an independent supplier of EVBS in China providing EVBS for both the commercial truck and light vehicle market segments. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. On April 23, 2008, TXI acquired Hunan Tongxin Enterprise Co. Ltd. (Hunan Tongxin). In July 2009, the Company announced the establishment of Tongxin International Ltd., the Company's Hong Kong based business entity.
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.
