Henan Tong-Da Cable Co Ltd
SZSE:002560
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We don't have any information about Henan Tong-Da Cable Co Ltd's insider trading.
Henan Tong-Da Cable Co Ltd
Glance View
Henan Tong-da Cable Co., Ltd. engages in the production and sale of wire; and processing of aviation parts. The company is headquartered in Luoyang, Henan and currently employs 880 full-time employees. The company went IPO on 2011-03-03. The firm's main products include Aluminum Conductors Steel-Reinforced (ACSR) cables, aluminum clad steel strands, aluminum alloy strands, contact wires and power cables for electrical circuits, sheet metal forming dies, overhead dielectrically insulated composite cables, as well as titanium alloy body aluminum frames, beams, ribs, joints and other computerized numerical control machining parts. The firm distributes its products in domestic market and to 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.
