Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Bill Gates filed purchases worth more than $118 million in Republic Services on September 3, covering trades made on September 1 and 2. The buys add to Gates' existing large stake in the waste-management giant and signal continued conviction in US infrastructure names.
Across the same week in Hong Kong, Viva China Holdings, the vehicle linked to Li Ning founder Li Ning himself, spent roughly $161 million buying shares in sportswear group Li Ning between August 27 and September 3. The purchases were reported to the exchange on September 2 and 7. That cluster of buying, all at or below HK$17 per share, stands out as one of the largest single-week founder accumulations in the Asian consumer sector this year.
On the sell side, Mark Stevens, an independent director at NVIDIA, disposed of 447,400 shares for roughly $98.5 million on August 31, with the filing landing on September 2. No 10b5-1 plan disclosure accompanied the filing, giving the sale a sharper signal than a routine pre-scheduled trade.
In India, Brookfield Asset Management reported exiting a $909 million stake in Altius Telecom Infrastructure Trust, filed September 2. That is a stake reduction, not a full exit, and positions are as last disclosed at the time of filing.
Elsewhere, Servyou Software CEO Zhang Zhen Chao filed a $108.5 million open-market purchase in his own company in China on September 2, one of the largest CEO buys seen in Asia's software sector this reporting cycle.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
