Guizhou Wire Rope Co Ltd
SSE:600992
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We don't have any information about Guizhou Wire Rope Co Ltd's insider trading.
Guizhou Wire Rope Co Ltd
Glance View
Guizhou Wire Rope Co., Ltd. engages in the production, processing, and marketing of wire rope, wire, strand, and related products' materials and equipment. The company is headquartered in Zunyi, Guizhou and currently employs 3,599 full-time employees. The company went IPO on 2004-05-14. The firm's major products include steel wires, steel ropes and steel strand wires. The firm's products are applied in energy, transportation, military, agriculture and forestry, marine, metallurgy, mining, drilling of petroleum and natural gas, mechanical, chemical, aerospace and other industrials. The company distributes its products 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.
