Pang Yiu Kai, a long-time insider of the Jardine group, has increased his stake in Jardine Matheson Holdings, the listed flagship entity. On Oct 5 and 7, Pang acquired 10,000 shares for an average of US$52.83 ($71.67).

Just a couple of weeks earlier on Sept 27, Pang had acquired 100,000 Hongkong Land shares for US$4.77. Among the other positions he had held, Pang was the former CEO of Hongkong Land, a member of the Jardine group, between 2007 and 2016.

On Oct 11, Jardine Matheson announced that another insider, director David Hsu, had acquired a total of 20,000 shares. Earlier on Oct 8 and Oct 11, he had acquired 10,000 shares each day for US$53.84 and US$53.53 respectively. Before joining the Jardine group in 2011, Hsu was heading JP Morgan Asset Management’s business in Asia Pacific.

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