Ningbo Shimao Energy Co Ltd
SSE:605028
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We don't have any information about Ningbo Shimao Energy Co Ltd's insider trading.
Ningbo Shimao Energy Co Ltd
Glance View
Ningbo Shimao Energy Co Ltd is a China-based company principally engaged in the combined heat and power business with domestic waste and coal as the main raw materials. The Company's main business is heating and power generation. The Company's main products are steam and electricity. Its steam is mainly used in the heating and drying processes in the industrial production process. The power is uploaded to the grid for end users to access the grid for use. The Company mainly conducts 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.
