Shanghai Chemspec Corporation’s (SHSE:688602) stock price dropped 17% last week; private companies would not be happy
Key Insights
- Shanghai Chemspec’s significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
- 55% of the business is held by the top 3 shareholders
- 14% of Shanghai Chemspec is held by Institutions
A look at the shareholders of Shanghai Chemspec Corporation (SHSE:688602) can tell us which group is most powerful. The group holding the most number of shares in the company, around 48% to be precise, is private companies. Put another way, the group faces the maximum upside potential (or downside risk).
And following last week’s 17% decline in share price, private companies suffered the most losses.
Let’s take a closer look to see what the different types of…
