DMALL: Controlling Shareholder Dr. Zhang Wenzhong Buys 1.36 Million Shares, Citing Undervalued Price and AI-Driven Growth

Bulletin Express
Sep 11

Dmall Inc. (DMALL) disclosed that controlling shareholder Dr. Zhang Wenzhong has boosted his stake by purchasing 1.36 million ordinary shares on 10 September 2026. The acquisition, executed through Celestial Limited with Dr. Zhang’s personal funds, was announced in a voluntary filing to the Hong Kong Stock Exchange on 11 September 2026.

Dr. Zhang considers the prevailing market price to underestimate DMALL’s intrinsic worth, referencing the Group’s solid financial performance and favorable growth trajectory. The additional investment underscores his conviction in the company’s long-term prospects, especially its positioning as a retail AI agent service provider and its continual profitability improvements.

Subject to regulatory compliance, Dr. Zhang signaled an intention to further raise his shareholding when conditions permit. The Board confirmed that DMALL continues to meet Hong Kong listing rules on minimum public float following the latest purchase.

Investors are advised to exercise caution when dealing in DMALL shares, as reiterated in the announcement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10