Qfin director buys 4,000 ADS on open market
Qfin Holdings director Chen Xiaohuan reported an open-market purchase of 4,000 American Depositary Shares at $14.41 per ADS.
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Rhea-AI Filing Summary
Qfin Holdings director Chen Xiaohuan reported an open-market purchase of 4,000 American Depositary Shares at $14.41 per ADS. This increased Chen’s direct holdings to 19,000 ADS. Each ADS represents two Class A ordinary shares of Qfin Holdings, Inc.
Chen is also associated with 250,000 ADS held indirectly through TPC Compounder Master Fund, managed by Twin Peaks Capital Limited. Chen disclaims beneficial ownership of these indirectly held ADS except to the extent of any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American Depositary Shares | 4,000 | $14.41 | $58K |
| holding | American Depositary Shares | -- | -- | -- |
Footnotes (2)
- F1. Each American depositary share represents two (2) Class A ordinary shares of the Issuer.
- F2. The reporting person disclaims the beneficial ownership of these American Depositary Shares owned by TPC Compounder Master Fund except to the extent of the reporting person's pecuniary interest. The reporting person is a co-founder and partner at Twin Peaks Capital Limited, which is the fund manager of TPC Compounder Master Fund.
Key Figures
Key Terms
open-market purchase financial
indirect ownership financial
beneficial ownership financial
pecuniary interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did QFIN director Chen Xiaohuan report?
How many QFIN ADS does Chen Xiaohuan own directly after the transaction?
What indirect holdings in QFIN are associated with TPC Compounder Master Fund?
Does the QFIN director fully own the ADS held by TPC Compounder Master Fund?
AI-generated analysis. How Rhea-AI works. Not financial advice.