Zhiwang Hong, a Director and 10% Owner of ADDENTAX GROUP CORP. (ATXG), made a significant purchase of company stock on August 18, 2026. Hong acquired 218,750 shares at a price of $4.80 per share, representing a total investment of approximately $1.05 million.
This transaction marks a notable addition to Hong's holdings in ADDENTAX GROUP CORP. Large insider purchases of this magnitude are often interpreted by the market as a strong signal of an insider's confidence in the company's future performance and prospects.
The timing of this purchase occurs amidst ongoing market activity, and investors will be monitoring ADDENTAX GROUP CORP. for any subsequent developments that may influence the stock's trajectory.