Fortune Ng Fung Food Hebei Co Ltd
SSE:600965
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Fortune Ng Fung Food Hebei Co Ltd
Glance View
Fortune NG Fung Food (Hebei) Co., Ltd. engages in the livestock, slaughtering and food processing. The company is headquartered in Langfang, Hebei and currently employs 2,399 full-time employees. The company went IPO on 2004-07-13. The firm's main products include aged beef, fresh milk products, deep processing meat, cooked food processing and quick-frozen food. The firm also provides food and beverage services, and funeral services. The firm conducts its businesses mainly in domestic 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.