| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 5Developing evidence | 100.0% (5/5) | 80.0% (4/5) | +3.0% | +2.8% | -3.2% |
| 20D | 5Developing evidence | 100.0% (5/5) | 100.0% (5/5) | +8.9% | +6.9% | +0.2% |
| 60D | 5Developing evidence | 100.0% (5/5) | 80.0% (4/5) | +22.0% | +17.8% | -8.8% |
| 120D | 5Developing evidence | 100.0% (5/5) | 100.0% (5/5) | +15.5% | +18.1% | +9.6% |
COMPANY RESEARCH
Hongkong Land Holdings Limited
H78.SI · United Kingdom · Real Estate · Real Estate—Development
INSIDER SIGNAL
3 insiders · 6 purchase events · €597k net purchases
Europe #264 · United Kingdom #78
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
How many distinct insiders bought in the cluster
Purchase value relative to company size and liquidity
The seniority and relevance of participating insiders
How recently the purchases occurred
How clearly buying stands out from other activity
What is holding the score back?
- ⚠ Purchase activity is becoming less recent
- ✓ Broad buyer cluster · 4+ distinct filers
- ✓ Strong insider role · ceo/chair involved
The role contribution uses the inverted role input of the current European model.
Buying concentration
Largest buyer:Ling Sze Chi · 456k USD
Gross qualified purchase transaction-line value:672k USD
The headline € total is net buying for the screen; this module uses gross qualified purchase transaction-line values in the filing currency, so the amounts can differ. The current 15-day buyer-breadth input counts distinct buyers; value concentration is disclosed separately here.
This is a ranking under the current European screening rules—not a probability of gain, return forecast, or buy recommendation.
Key purchase quotes (filing currency)
| Filer | Price per unit | Trade date |
|---|---|---|
| Ling Sze Chi | 7.5038 USD | Jun 2, 2026 |
| Wu Ying | 7.5038 USD | Jun 2, 2026 |
| Ling Sze Chi | 7.9287 USD | May 4, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 3 distinct reported filers
- Peak time window
- 2026-05-04 to 2026-05-04
- Current breadth input
- 0.850 (capped at 4+ buyers)
- Buyer independence
- Not yet measured; related-party fields are not cross-market comparable
What the filings show
- 🟢 Recent eligible purchase
Ling Sze Chi · 228k USD · Price 7.5038 USD · Jun 2, 2026 - 🟢 PDMR purchase
Wu Ying · 57k USD · Price 7.5038 USD · Jun 2, 2026 - 🟢 PDMR purchase
Ling Sze Chi · 228k USD · Price 7.9287 USD · May 4, 2026 - 🟡 3 remaining qualified transaction line(s) across 3 disclosure(s)
Insider vs stock price
2 purchase day(s), 6 purchase line(s) in the 180-day window.
Markers sit on the closing price of the transaction day. They show when insiders traded, not the price they paid or received. "Since" compares that day's close with the last close shown; it is what happened at this company, not a forecast.
If you had followed the purchase
Each row starts on the first close on or after the day a purchase was made public, the earliest a reader could have acted, and ends on the last close shown above.
| Made public | Insiders | In this stock, now | In the median peer stock, now | Difference |
|---|---|---|---|---|
| 2026-05-05 | 3 | 1,020 +2.0% | too few peers | — |
| 2026-06-03 | 3 | 1,082 +8.2% | too few peers | — |
Close to close, before costs, taxes, dividends and currency moves. The peer is the median of the other stocks on the same exchange for which this site holds prices (0 here), not an index. This is what happened, not a forecast: across all purchases on this site the typical gap is close to zero.
Insider timeline
3 insiders bought on the same day, 4 May: 2 Executive, 1 CEO / chair. 3 of them bought again later. The share closed at 7.94 that day and at 8.06 most recently (+1.5%). That week 241 companies across Europe disclosed insider purchases, more than in 88% of the last 26 weeks: insiders often buy together when a closed period ends, so the timing alone says less than it seems.
Tap an item for what it means.
●A purchase: the bigger the dot, the more was bought
Each dot is one insider's purchases on one day. The dot's area follows the amount: the largest purchase here gets the largest dot. Hold the pointer over a dot to see the date and the amount.
▮Purple band: several insiders bought within 15 days
The band marks the stretch with the most different buyers: at most 15 days long and at least two people. Here it is 4 May, with 3 insiders. Only the strongest stretch is marked. Several people deciding the same thing is harder to explain by one person's private reasons, but insiders often buy together just after a closed period ends, so compare it with the grey weekly bars.
Blue line: this share's price, +2.3% over these six months
The closing price of each day, from 7.88 on 2026-04-21 to 8.06 on 2026-10-08. The line has no scale; read it for high and low: a dot on a low stretch was bought cheaply, a dot on a high stretch was not.
▂Grey bars: companies across Europe disclosing purchases each week
A taller bar is a week in which more companies disclosed insider purchases. The purple bar is the week of the band above: 241 companies, number 3 of the last 26 weeks. If that week was a peak anyway, buying together is less special than it looks.
This company: insiders buying per month, last 12 months
Darker bars are inside the 180-day window above.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| Ling Sze Chi | Executive | 2 | — | 455.7k USD | 2026-05-04 | +1.5% | fewer than 5 completed |
| Stuart Morrison Grant | CEO / chair | 2 | — | 101.0k USD | 2026-05-04 | +1.5% | fewer than 5 completed |
| Wu Ying | Executive | 2 | — | 114.9k USD | 2026-05-04 | +1.5% | fewer than 5 completed |
Why this score? · Model details
Priority = 100 × Σ(fixed weight × 0–1 rule-based input)
| Factor | Weight | This company input | Point contribution |
|---|---|---|---|
| 15-day buyer breadth (count) | 35% | 0.850 | 29.8 |
| Qualified-buy size | 25% | 0.862 | 21.6 |
| Role informativeness (inverted) | 20% | 0.000 | 0.0 |
| Recency | 10% | 0.000 | 0.0 |
| Buy/sell conviction | 10% | 1.000 | 10.0 |
This is a heuristic ordering under the current rules, not a calibrated return forecast. It explains why candidates rank differently; the public-filing evidence and data limits are shown below.
BULL VS BEAR
Two readings of this buying
The same filings, read two ways. Each line is a fact stored for this company with the number behind it, and appears only when that number crosses a fixed threshold. Neither side is a forecast and no winner is declared.
Since 2026-10-13: new on the bear side: small purchases. All bull and bear lists, and what followed each line in the past →
Where the evidence comes from
Independent evidence agrees: the purchases themselves carry bull lines (several insiders together, senior executive buying), company actions point the same way (company is buying back shares), and no other source argues against.
- The insider purchases themselvesBullseveral insiders together, senior executive buying Bearsmall purchases, latest purchase is old, usual level for this company3 checked, under the threshold · 3 missing
- Share price and trading2 checked, under the threshold
- Short sellers1 checked, under the threshold
- Company results1 checked, under the threshold · 1 missing
- Company actionsBullcompany is buying back shares
Bull case · the buying is informative
- 3 insiders bought on the same day (2026-05-04). Several people reaching the same decision at the same time is hard to put down to one person's circumstances.Record: after 5,401 earlier disclosures like this, the median 60-session excess return was −3.3%, within 1 percentage point of all comparable disclosures (−3.3%).
- Company actionsThe company announced 11 transactions in its own shares in the last 30 days (latest 2026-10-16); the 8 read are all purchases. The company is buying its own shares while its insiders buy.
- The buyers include the CEO or chair, who sees more of the business than most filers. This site's score gives little or no credit for that: in its backtests purchases by senior executives did no better than other insiders' purchases.Record: after 8,797 earlier disclosures like this, the median 60-session excess return was −3.1%, within 1 percentage point of all comparable disclosures (−3.2%).
Bear case · discount it
- Net purchases of €597k are <0.01% of the company's market value (€15.3bn): a visible sum, a small one against the business.
- The latest purchase was 137 days ago (2026-06-02). A reporting period has passed since, so what the buyers knew then may already be public.
- Buying at this level is normal here: 5 insiders bought in the previous 180 days and 3 in this one.Record: after 2,869 earlier disclosures like this, the median 60-session excess return was −2.6%, within 1 percentage point of all comparable disclosures (−2.7%).
Evidence still missing
- No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
- Only one reading of profitability is held (profit margin 173%). Whether earnings and cash flow are rising or falling needs the last two reports side by side.
- European notifications have no field saying whether a purchase was pre-arranged; there is no counterpart to the US 10b5-1 box. None of the 6 purchase lines mentions a plan, but a bare “Acquisition of ordinary shares pursuant to Shareholding Policy applicable to senior management” does not rule one out.
- The filings give the size of each trade, not what the buyer already held. Whether a purchase added 1% to a personal stake or doubled it is not known.
Checked and under the threshold: 7, 1 close to it
- BearThe largest buyer accounts for 68% of the value bought. Counted for the bear side from 80%. close to the threshold
- Bear0 of 3 buyers filed as a person closely associated with a manager. Counted for the bear side from half.
- BearNo insider sale is recorded in the same 180 days.
- BearThe share price changed −0.25% over six months (three months +10%, one month −5.1%). Counted for the bear side from a fall of 20%.
- BearOver three months the share price changed +10% and the median of 164 Real Estate companies changed −6.9%: ahead by 17 points. Counted for the bear side from 20 points behind.
- BearThe register of FCA shows no published net short position in this company.
- BearProfit margin on the latest captured figures is 173%. Counted for the bear side when negative.
Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.
Signal history
Latest recorded score
- Recorded snapshots
- 35
- First snapshot
- 2026-08-26
Only scores captured when the scoring run completed are compared. These are raw signal scores saved when each full scoring run completed. They describe changes in research ranking, not price performance or returns.
Why did it change?
Decomposition across the five score factors between comparable snapshots; historical scores are not recalculated.
- Purchase size-0.6 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 62.0
- 61.9
- 61.9
- 61.3
- 61.3
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-26 | 62.0 |
| 2026-08-27 | 62.0 |
| 2026-08-28 | 61.9 |
| 2026-08-31 | 61.9 |
| 2026-09-01 | 61.9 |
| 2026-09-02 | 61.9 |
| 2026-09-03 | 61.9 |
| 2026-09-04 | 61.9 |
| 2026-09-07 | 61.9 |
| 2026-09-08 | 61.9 |
| 2026-09-09 | 61.9 |
| 2026-09-10 | 61.9 |
| 2026-09-11 | 61.9 |
| 2026-09-14 | 61.9 |
| 2026-09-23 | 61.9 |
| 2026-09-24 | 61.9 |
| 2026-09-25 | 61.9 |
| 2026-09-28 | 61.9 |
| 2026-09-29 | 61.9 |
| 2026-09-30 | 61.3 |
| 2026-10-01 | 61.3 |
| 2026-10-02 | 61.3 |
| 2026-10-03 | 61.3 |
| 2026-10-04 | 61.3 |
| 2026-10-05 | 61.3 |
| 2026-10-06 | 61.3 |
| 2026-10-07 | 61.3 |
| 2026-10-08 | 61.3 |
| 2026-10-09 | 61.3 |
| 2026-10-12 | 61.3 |
| 2026-10-13 | 61.3 |
| 2026-10-14 | 61.3 |
| 2026-10-15 | 61.3 |
| 2026-10-16 | 61.3 |
| 2026-10-18 | 61.3 |
Sector context
- Buying breadth
- 9.0% (32 / 354 issuers)
- Sector rank
- #5 / 12
- 7D breadth change
- -0.9 pp · vs 2026-10-12 (6d)
- 30D breadth change
- History building
This is sector-level research context. It does not affect the Insider Signal or ranking.
Insider profile outcomes
Historical performance following insider filings. The company role is translated below each name while preserving the original title.
- Excess return = stock return − FTSE 100 return over the same period.
- Hit rate = completed events with positive excess return ÷ total completed events.
- Price coverage = valid point-in-time prices ÷ events mature enough for that period.
- Returns start on the first shared trading session on or after publication.
- Small-sample rule: n<5 is shown for transparency and is not scored.
Events are disclosure-level observations; related disclosures published on the same date may share a return path and may not be statistically independent. This research enrichment does not affect the insider score or ranking.
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 4Small sample | 100.0% (4/4) | 100.0% (4/4) | +4.5% | +4.6% | +2.9% |
| 20D | 4Small sample | 100.0% (4/4) | 100.0% (4/4) | +9.1% | +8.4% | +4.1% |
| 60D | 4Small sample | 100.0% (4/4) | 100.0% (4/4) | +18.9% | +19.2% | +13.0% |
| 120D | 4Small sample | 100.0% (4/4) | 100.0% (4/4) | +14.0% | +14.7% | +11.2% |
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 4Small sample | 100.0% (4/4) | 75.0% (3/4) | +3.0% | +1.8% | -3.2% |
| 20D | 4Small sample | 100.0% (4/4) | 100.0% (4/4) | +6.7% | +6.8% | +2.1% |
| 60D | 4Small sample | 100.0% (4/4) | 75.0% (3/4) | +17.5% | +17.1% | -3.4% |
| 120D | 4Small sample | 100.0% (4/4) | 75.0% (3/4) | +14.0% | +13.3% | -8.0% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 42.1%
- Beta
- 0.40
- Avg daily volume
- $12.3M
VALUATION
- Market cap
- $17.2B
- P/E
- 7.5×
FUNDAMENTALS
- Profit margin
- 173.1%
- ROE
- 7.5%
- Industry
- Real Estate - Development
Prices to 08 Oct 2026: price cache (Eulerpool). From OpenBB/yfinance, captured 15 Oct 2026: Market cap, P/E, Profit margin, ROE, Beta, Industry. It does not affect the insider score or rank.
Disclosed net short positions
The FCA register, read 18 Oct 2026, publishes no aggregate net short position for this issuer.
Short-position disclosures are external context; they do not affect the insider score, ranking, or filing eligibility.
Insiders' buying price vs the latest close
The latest close in the price history is more than a week old.
Buying size vs market trading
Market history is too old for this snapshot; ratios are withheld.
Market-data coverage: 256 verified sessions · Latest session: 2026-10-08 · Ratio status: Unavailable
Traded value is estimated as close × shares traded, in major currency units. Includes disclosed qualifying purchases; disclosures may lag. Contractual or planned acquisitions are not necessarily discretionary. Ratios describe relative trading size, not market participation or score contributions.
Latest news
No news has been captured for this company.
Regulatory filings
- Insider filing announcement · published 2026-06-03 · trade date 2026-06-02
- Insider filing announcement · published 2026-05-05 · trade date 2026-05-04
- Insider filing announcement · published 2026-04-08 · trade date 2026-04-02
Unfold all 7 filings
- Insider filing announcement · published 2026-06-03 · trade date 2026-06-02
- Insider filing announcement · published 2026-05-05 · trade date 2026-05-04
- Insider filing announcement · published 2026-04-08 · trade date 2026-04-02
- Insider filing announcement · published 2026-04-02 · trade date 2026-04-01
- Insider filing announcement · published 2026-03-11 · trade date 2026-03-06
- Insider filing announcement · published 2026-01-22 · trade date 2026-01-20
- Insider filing announcement · published 2026-01-06 · trade date 2026-01-06
Filing evidence
These are underlying national-feed records from the 365-day window ending on the saved ranking snapshot. The score uses only the latest 180 days; older qualifying equity purchases remain visible for audit but do not enter the current score. The original filer, role, transaction classification, instrument, price, volume, value and source fields are retained. The first three rows are shown; remaining records can be unfolded for audit. Other transaction types are retained but excluded from the score.
Excluded transactions & classification
11 qualifying purchase disclosure(s) · 11 transaction line(s)
Unfold all 8 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-05-04 | 2026-05-05 | Ling Sze Chi | Chief Investment Officer | Acquisition of ordinary shares pursuant to Shareholding Policy applicable to senior management | Ordinary shares of US$0.10 each | 7.9287 USD | USD | 28700 | Open filing |
| 2026-05-04 | 2026-05-05 | Wu Ying | Chief People & Culture Officer | Acquisition of ordinary shares pursuant to Shareholding Policy applicable to senior management | Ordinary shares of US$0.10 each | 7.9287 USD | USD | 7300 | Open filing |
| 2026-05-04 | 2026-05-05 | Stuart Morrison Grant | Chief Executive, Westbund Central | Acquisition of ordinary shares pursuant to Shareholding Policy applicable to senior management | Ordinary shares of US$0.10 each | 7.9287 USD | USD | 6400 | Open filing |
| 2026-04-02 | 2026-04-08 | Ling Sze Chi | Chief Investment Officer | Acquisition of ordinary shares pursuant to Shareholding Policy applicable to senior management | Ordinary shares of US$0.10 each | 7.8851 USD | USD | 28900 | Open filing |
| 2026-04-02 | 2026-04-08 | Wu Ying | Chief People & Culture Officer | Acquisition of ordinary shares pursuant to Shareholding Policy applicable to senior management | Ordinary shares of US$0.10 each | 7.8851 USD | USD | 7200 | Open filing |
| 2026-04-02 | 2026-04-08 | Stuart Morrison Grant | Chief Executive, Westbund Central | Acquisition of ordinary shares pursuant to Shareholding Policy applicable to senior management | Ordinary shares of US$0.10 each | 7.8851 USD | USD | 6300 | Open filing |
| 2026-01-20 | 2026-01-22 | Kei Yeuk Kong | Executive Director and Chief Commercial Officer | Acquisition of ordinary shares | Ordinary shares of US$0.10 each | 8.38 USD | USD | 19400 | Open filing |
| 2026-01-06 | 2026-01-06 | Sze Chi Ling | Executive Director and Chief Investment Officer | Acquisition of ordinary shares | Ordinary shares of US$0.10 each | 4.532 USD | USD | 63300 | Open filing |
Showing 11 of 11 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level € aggregate is separately FX-normalised for research ranking, not a trade-date conversion.
Other disclosed transactions · excluded from score
View 2 other transaction(s)
Showing 2 of 2 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level € aggregate is separately FX-normalised for research ranking, not a trade-date conversion.
Snapshot & identity
- Snapshot date
- 2026-10-18
- Ticker
- H78.SI
- ISIN
- BMG4587L1090
- Sector
- Real Estate
- Industry
- Real Estate—Development
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