JPMorgan Trims Hong Kong Holdings; Chairman Buys His Own Dip

JPMorgan Chase filed disclosures on September 8 showing it sold stakes across at least 12 Hong Kong-listed stocks on September 2. The largest single exit was $84.9M out of Kingdee International Software, followed by $70.8M from Sunny Optical Technology and $28.4M from ZTO Express. Total disclosed sells across the filing batch exceeded $230M. These are institutional threshold filings — positions moving around the 5% ownership level — not discretionary conviction trades by an individual executive, so the signal is muted.

More telling is a split-signal moment at Turkish industrial valve maker BURVA. On September 7, an asset manager (Bulls Portföy) sold $13.6M worth of shares. The very same day, Chairman Umit Gumus filed a personal open-market buy of $12.9M. Both trades were reported on September 8. A chairman putting nearly $13M of personal capital into a stock while a major shareholder exits is a classic divergence worth watching.

In South Korea, ROBOTIS CEO Kim Byeong Soo filed a $75M sale of company shares on September 8 — the same day as the trade. The robotics firm has attracted attention amid the broader AI and automation wave.

Note: ORTEX's first-party US EDGAR tables (Form 4 filings) were unavailable for this query, so US open-market insider trades could not be included. Data shown covers international vendor-sourced filings only.