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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong	12/3/2010 8:11:22 AM
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5:25AM CNinsure approves $100 mln corporate share buyback program by June 30, 2011 (CISG) 18.40 : 4:41AM CNinsure reports management share purchases on the open market (CISG) 18.40 : Co announces its CEO and CFO have made personal purchases in the aggregate of 100,000 ADSs at an average cost of over $20.00 on the open market since November 24, 2010. Commenting on the share purchases, its CEO stated: "We believe CNinsure's stock is currently undervalued. With these share purchases, we are emphasizing our firm belief in the growth prospects of the Company and our ability to execute our strategic plan. Our interests are aligned with our fellow shareholders as our goal is to enhance shareholder value." finance.yahoo.com

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