The head of Guangdong Dingtai High-Tech Technology Co., Ltd. (Dingtai High-Tech) and Dongguan's richest woman announced that she has reduced her holdings of the company's stock, cashing out 2.8 billion yuan. Data shows that Dingtai High-Tech's stock price has more than doubled this year. This marks another instance of a listed Chinese company's shareholders cashing out at a high price.
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The head of Guangdong Dingtai High-Tech Technology Co., Ltd. (Dingtai High-Tech) and Dongguan's richest woman announced that she has reduced her holdings of the company's stock, cashing out 2.8 billion yuan. Data shows that Dingtai High-Tech's stock price has more than doubled this year. This marks another instance of a listed Chinese company's shareholders cashing out at a high price.