Nanjing Chemical Fibre Co Ltd
SSE:600889
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We don't have any information about Nanjing Chemical Fibre Co Ltd's insider trading.
Nanjing Chemical Fibre Co Ltd
Glance View
Nanjing Chemical Fibre Co., Ltd. engages in the production and management of viscose fiber, tap water, and landscape water. The company is headquartered in Nanjing, Jiangsu and currently employs 1,274 full-time employees. The firm is also engaged in the provision of water and landscape water services. The firm's primary products include viscose filament yarn and viscose staple fibers. The firm's products are mainly used in the textile industry. The firm mainly conducts its business in domestic and overseas markets.
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.
