Meitu CEO Wu Xinhong Buys 1M Shares at HK$3.899, No Sale Plan

Founder-level buying carries more signal than ordinary insider purchases, since it puts the chairman's own capital behind the equity at a moment when management presumably has the clearest view of the business. The explicit no-sale commitment matters as much as the purchase itself: it removes the overhang question that often shadows insider transactions. What is worth watching is whether other senior executives or directors follow with their own open-market buys, which would suggest a broader internal read rather than a single decision.