"Altar Sniper" Lau and his brother invested heavily in their company's stock

Every reporter Li Lingxia recent market atmosphere is active, Hong Kong's rich are also waiting to sweep goods. Known as the "stock altar sniper," said Lau and its brother Liu Chong is the recent in the two-level market activity of the rich.　　It is worth noting that the Lau two brothers recently spent heavily to buy, are their own listed companies shares. The disclosure of the rights and interests of the Hong Kong SEHK shows that the 01212,HK has obtained its Managing director and Executive Director Liu Chong on 15th this month.　　With an average of HK $10.96 per share, a total of 1.193 million shares of the company, the total cost of about 13.0708 million Hong Kong dollars, its good position from 1159000500 shares to 1160193500 shares, the proportion of good warehouse shareholding from 69.73% to 69.81%. It is understood that the main business of the group is the department store retail, and recently a number of investment banks have said that China's consumer confidence has recovered, but also a number of major banks to China's retail industry bullish. UBS's target price for Rifampicin International was set to increase from HK $7.41 to HK $12.05 to maintain a "buy" rating for Rifampicin International.　　The bank believes the market is becoming more optimistic about China's consumer outlook and pointed out that because of the international ownership of Sogo Department of the property, some investors think the unit can be a representative of the Hong Kong Real Estate unit, the bank is expected to benefit from the international award of the rifampicin, the increase in liquidity, the rebound in the stock market and a more robust related property market. In addition, Liu Chong's Absalom Lau is frequently increasing its holdings of Chinese property (00127,HK) in his listed company, becoming more frequent after entering May. The disclosure of the rights and interests of the Hong Kong stock Exchange shows that from May 19 to June 1 in the 9 trading days, Lau every day from the two-tier market to buy Chinese property shares, the proportion of their shareholding has also been increasing.　　According to statistics, in this round of increase from May 19 onwards, the Lau spent not less than HK $70 million, and its good warehouse holdings also increased to 1429643768 shares, its good warehouse shareholding ratio of up to 71.48%. According to the relevant listing rules, HKEx listed companies, its public shareholding needs to be higher than 25%, and the current Chinese home buyers, only Lau shareholding on a whopping 71.48%, will soon be touched by this rule.