Director Wang Yi discloses 1,693 ADS holding in Chagee Holdings (CHA)
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Chagee Holdings Ltd. director Wang Yi filed an initial ownership report showing holdings of 1,693 American Depositary Shares. This Form 3 does not reflect a new trade; it simply records Wang Yi’s existing stake. Each ADS represents one Class A Ordinary Share of Chagee Holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wang Yi
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American Depositary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 1,693 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does Wang Yi’s Form 3 mean for Chagee Holdings (CHA)?
The Form 3 shows director Wang Yi’s existing ownership of 1,693 American Depositary Shares in Chagee Holdings. It is an initial disclosure of holdings, not a report of new buying or selling activity, and mainly serves regulatory transparency purposes.
How many Chagee Holdings (CHA) ADSs does Wang Yi report owning?
Wang Yi reports direct ownership of 1,693 American Depositary Shares of Chagee Holdings. This figure comes from the total shares following the reported holding entry and reflects his recorded position for regulatory purposes at the time of the filing.
What does each Chagee Holdings (CHA) ADS represent in this filing?
Each American Depositary Share of Chagee Holdings represents one Class A Ordinary Share, according to the footnote. This one-to-one relationship helps investors understand that Wang Yi’s 1,693 ADSs correspond to 1,693 Class A Ordinary Shares economically.
Is Wang Yi’s ownership in Chagee Holdings (CHA) direct or indirect?
Wang Yi’s reported ownership in Chagee Holdings is direct. The filing labels the 1,693 American Depositary Shares with a direct ownership code, indicating they are held in his own name rather than through a trust or other intermediary entity.