Several Chinese listed banks said executive share-purchase plans have been completed, including Ruifeng Bank (601528.SH), Changshu Bank (601128.SH), Sunong Bank (603323.SH) and Qilu Bank (601665.SH), according to Jiemian News.
Ruifeng Bank said directors and senior managers bought 2.50039 million shares between April 30, 2026 and June 22, 2026 for a total of 12.0591 million yuan. Changshu Bank said some senior managers bought 550,000 shares between November 21, 2025 and May 6, 2026 for 3.8758 million yuan. Sunong Bank said its president and two vice presidents bought 355,200 A shares between November 11, 2025 and April 10, 2026 for 1.832 million yuan. Qilu Bank said directors, supervisors and senior managers bought 771,000 shares between September 16, 2025 and December 31, 2025 for 4.4822 million yuan, completing 128% of the planned amount; after the purchases, the buyers held 2.2113 million shares, or 0.04% of total shares.
As of the June 29 close, Wind data showed the bank index (886052.WI) was down 8.76% year to date to 6,555.74, with 42 bank stocks trading below book value; Ningbo Bank (002142.SZ) had the highest price-to-book ratio at 0.87x. Separately, China Merchants Bank (600036.SH; 03968.HK) said on June 25 it has set up a market-value management task force led by vice president Peng Jiawen, while China CITIC Bank (601998.SH; 00998.HK) said it has also established a similar group and included market-value management in its assessment system.
Chinese Bank Executives Step Up Share Purchases as Sector Trades Below Book
2026-06-29 14:58:30
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