TLDR Jay Chun raised his stake in Paradise Entertainment to 65.36%, up from 60.00% in March. He made 54 share purchases between late March and last week. Total spending on the shares came to about HK$32.88 million (US$4.2 million). The stock hit a yearly low of HK$0.435 on March 24 before recovering to HK$0.770 by June 26. Paradise Entertainment’s 2025 profit fell 63.5% due to the closure of its Macau satellite casino.
Jay Chun, chairman and managing director of Paradise Entertainment, has increased his ownership stake in the Hong Kong-listed company.
Disclosure records filed with the Hong Kong stock exchange show his long position rose to 65.36%. That is up from 60.00% on March 27.
The increase came through a long stretch of buying. Chun made 3 purchases in late March, 18 in April, 18 in May, and 15 more in June.
A Steady Buying Pattern
Each purchase added a small amount to his holding. Over time, these added up to a meaningful jump in ownership.
In total, Chun spent about HK$32.88 million on the shares. That works out to roughly US$4.2 million.
The buying took place while the stock was trading near its lowest point of the year. Some purchases also came after the shares began to recover.
Stock Price Recovery
Paradise Entertainment shares hit a yearly low of HK$0.435 at the close of trading on March 24. That was just before the company released its 2025 financial results.
The results showed a 63.5% drop in annual profit compared with the previous year. The company ended 2025 with a profit of HK$139.4 million.
The drop was largely linked to the closure of the company’s Macau satellite casino. The closure followed new regulations introduced in the city.
Since the March low, the stock has climbed steadily. Shares