BAOZUN INC-SPN ADR

CEO Qiu Wenbin’s disciplined 10,000‑share daily buys at ~$2.80—about 40% below market—signal strong confidence in Baozun’s e‑commerce growth and potential upside.

CEO Qiu Wenbin’s latest insider buys signal confidence in Baozun’s growth strategy—supporting valuation, reducing dilution risk, and hinting at future upside.