Zhejiang Meilun Elevator Co Ltd
SSE:603321
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We don't have any information about Zhejiang Meilun Elevator Co Ltd's insider trading.
Zhejiang Meilun Elevator Co Ltd
Glance View
Zhejiang Meilun Elevator Co., Ltd. engages in the research, development, design, manufacture, and sale, of elevators, escalators, and automatic sidewalks. The company is headquartered in Shaoxing, Zhejiang and currently employs 602 full-time employees. The company went IPO on 2017-09-15. The firm's primary products include elevators, escalators, moving walkways and related ancillary products. The elevators mainly include passenger lifts, sightseeing elevators, bed elevators, cargo elevators, hydraulic elevators, car elevators, home ladders and three-dimensional garage. The firm is also involved in the provision of relevant installation, retrofit, repair and maintenance services. The firm mainly operates its business in the domestic market.
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.
