HONG KONG: Large investors are taking advantage of Asia’s record-smashing bull market to pocket some profits through a series of share placements. That’s not stopping the run in those stocks, which include a number of Chinese drugmakers and a South Korean fuel cell company.
Sales by big shareholders, often seen as a signal that stock prices are peaking, seem to be losing their sway in an era of unprecedented global monetary stimulus.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
