There is an event that raises questions again in the Thai stock market. Regarding the issue of HANA stocks or Hana Microelectronics Public Company Limited, which is considered to be Insider Trading or the use of inside information to benefit in trading or not?
Draw the headline like this Many people may be wondering what the above is about. Which is the subject of this story. This morning (Oct. 17, 2023), HANA has reported to the Stock Exchange of Thailand. Regarding increasing the registered capital of the company
With a PP capital increase of approximately 80 million shares sold to a total of 25 institutional investors at a price of 57 baht per share, the resulting impact will cause a dilution effect of approximately 9-10%.
And when the Thai stock market opened for trading, the HANA stock price dropped immediately by 4%, ranking first in the stock market’s trading value. After that, the stock price dropped to its lowest point at 56.50 baht, or a decrease of almost 9%.
The point of questioning is whether it is Insider Trading or not? It’s exactly where it says Yesterday, HANA stock had an unusual short-selling transaction. which is worth more than 319 million baht, accounting for 14% of the total trading value
Meanwhile, HANA shares yesterday were also hit by selling pressure from NVDR for more than 305 million baht, which ranked first in the Thai stock market. that received the most sales pressure from NVDR
So, the question that arises in your mind right now is, does HANA stock have Insider Trading?
That is, knowing in advance that HANA will inform the stock exchange that it will increase capital. and avoid being hit by strong selling pressure today So he decided to sell his shares first. Including knowing that the stock will definitely go down, so do a Short Sell.
“All of these things cannot be said to be intentional or coincidental. But that is what actually happened.”
Overview from now on It must rely on the ability of various regulatory regulators to help verify the facts of the transactions taking place. In order to maintain an investment environment that is fair to all parties. There should be no advantage or disadvantage between any party in terms of investment information.
2023-10-17 05:01:28
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