Chen Xiaohuan 4
Research Summary
AI-generated summary
QFIN Director Chen Xiaohuan Buys Stock (Open‑Market) — $57.6K
What Happened
- Chen Xiaohuan, a director of Qfin Holdings, reported an acquisition of 4,000 American Depositary Shares (ADS) on 2026-06-09 at $14.41 per ADS, for a total reported value of $57,640. Each ADS represents two Class A ordinary shares, so the purchase equals the economic interest in 8,000 underlying Class A shares. This was a purchase (insider acquisition), not a sale.
Key Details
- Transaction date and price: 2026-06-09 — 4,000 ADS at $14.41 each.
- Total reported value: $57,640.
- Shares owned after transaction: not specified in the filing.
- Filing timeliness: Form 4 filed 2026-06-10 (next day), indicating a timely filing.
- Footnotes of note:
- F1: Each ADS = 2 Class A ordinary shares.
- F2: The reporting person disclaims beneficial ownership of these ADS held by TPC Compounder Master Fund except to the extent of any pecuniary interest; Chen is a co‑founder and partner at Twin Peaks Capital Limited, which is the fund manager of that fund.
Context
- The purchase was reported as an open‑market or private purchase (code P). The filing indicates the ADS are held by an investment fund (TPC Compounder Master Fund); the reporting person’s ownership claim is limited to any pecuniary interest in that fund rather than direct beneficial ownership of all shares.