Equity Snap: Evergreen Marine (2603 TT) Evergreen president accused of insider trading

Research evidence excerpt

Equity Snap: Evergreen Marine (2603 TT) Evergreen president accused of insider trading

7 July 2026

Equity Snap: Evergreen Marine Equities Marine

(2603 TT)

Evergreen president accused of insider trading Taiwan

◆ Evergreen president is summoned with offices searched over Parash Jain*

a 30 June 2023 Evergreen Marine share purchase ahead of Global Head of Transport & Logistics Research The Hongkong and Shanghai Banking Corporation Limited

material disclosures about EVA Airways share disposal parashjain@hsbc.com.hk

+852 2996 6717

Deepak Maurya*, CFA

Evergreen Marine (2603 TT, TWD195.50, Buy, TP TWD255.00) Analyst, Asia Transport

The Hongkong and Shanghai Banking Corporation Limited

(Priced as of 06 Jul 2026)

deepakmaurya@hsbc.com.hk

+852 2822 4292

Evergreen Group president Chang Kuo-hua has been summoned by prosecutors in

Bruce Chu*, CFA

Taiwan as part of an investigation into suspected insider trading involving Evergreen Analyst, Asia Transport

Marine Corp shares (Taipei Times, 7 July 2026). The Hongkong and Shanghai Banking Corporation Limited

bruce.y.h.chu@hsbc.com.hk

What he’s suspected of: Prosecutors allege Chang bought about 98 million +852 2996 6621

Evergreen Marine shares on 30 June 2023, on the ex-dividend date, before the

* Employed by a non-US affiliate of HSBC Securities (USA) Inc, and is

company disclosed information deemed material to the market. not registered/ qualified pursuant to FINRA regulations.

What the material information was: The case focuses on Evergreen Marine’s

board and audit committee approving the sale of about TWD13bn worth of EVA

Airways shares on 19 June 2023. The sales were later disclosed on 14 Aug and 21

Aug 2023, reportedly generating about TWD6bn in gains – information a shareholder