Raytech (RAY) CEO Tim Hoi Ching sells 427,643 shares, drops below 5%
Rhea-AI Filing Summary
Raytech Holding Ltd’s CEO and chairman Tim Hoi Ching has sharply reduced his stake in the company. On February 9, 2026, he sold a total of 427,643 ordinary shares in two private cash transactions, one for 245,239 shares to Chunda International Capital Management Co., Ltd. and another for 182,404 shares to Yuan Chun Holding Co., Limited.
After these sales, he beneficially owns 61,660 ordinary shares, representing 2.26% of Raytech’s 2,724,911 shares outstanding. Because his ownership fell below five percent, he is no longer a major (5%+) beneficial owner under U.S. reporting rules, and this amendment updates his Schedule 13G to reflect that change.
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Insights
Raytech’s CEO cut his stake below 5%, exiting major-holder status.
Raytech’s CEO, chairman and director, Tim Hoi Ching, reported selling an aggregate of 427,643 ordinary shares on
This amendment documents that he is no longer a more-than-5% beneficial owner. The sales are described as part of a personal portfolio rebalancing strategy and to generate cash flow. Actual market impact depends on how the new holders, Chunda International Capital Management and Yuan Chun Holding, choose to manage their positions over time.