
Shanghai Chicmax Executive Director Boosts Stake with HK$66 Million Share Purchases

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Shanghai Chicmax Cosmetics Co., Ltd. Executive Director Luo Yan has increased her stake by purchasing 363,600 H shares at an average price of HK$75.46, totaling HK$66.32 million in December. This acquisition raises her total holdings to 2,867,200 shares, representing 1.39% of the company. The company emphasizes this move as a sign of confidence in its future, while advising caution to shareholders. The latest analyst rating for the stock is a Hold with a price target of HK$91.00.
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