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April insider transactions
The number of insider transactions fell in April 2026, according to Smart Insider. The number of buys declined by about -43% month-on-month, as markets recovered and more companies entered their blackout periods.
Remarkably, South Korea accounted for 37% of all the buying volume, with bullish sentiment remaining. We saw elevated buying across Korea's tech, banking, and consumer discretionary sectors.
The overall Asia sell/buy ratio deteriorated from 0.6x last month to 0.8x. But Smart Insider continues to view Asia's insider sentiment as more bullish than for the other regions:
The sell/buy ratio remains high in China, suggesting that insiders are bearish. India's sell/buy ratio was high too, but mostly due to April trading restrictions with an unusually small sample size. The other markets, Hong Kong, South Korea, Thailand, Malaysia, and Vietnam, all saw more buy- than sell transactions.
There were insider buying clusters in auto stocks, including Geely, Astra, and Minth. Another one in Korean financials, such as KB Financial and Hana Financial. And finally, another cluster of food producers like amino acid company MeiHua, Vietnamese consumer staples business Masan, and Malaysian cocoa grinder Guan Chong.
Five highlighted situations
I've gone through Smart Insider's entire list of Asian insider transactions in April. And I've chosen to highlight five of them, ranked from the highest market cap to the lowest:
