Lo Kheng Hong Buys These Stocks, Check Out the Latest Purchases
2026-08-26
When most investors panicked when faced with market corrections, Lo Kheng Hong did the opposite.
The veteran investor, nicknamed the Indonesian Warren Buffett, is again pressing the buying pedal amidst the weakening Composite Stock Price Index (IHSG).
As of Monday, August 24, 2026, the IDX recorded a 24.81% year-to-date correction to 6,501,667.
However, for Lo Kheng Hong, this is precisely the best opportunity to hunt for cheap stocks.
Lo Kheng Hong's buying spree of selected shares continued throughout August 2026.
Property issuer PT Intiland Development Tbk (DILD) is one of the most consistently collected, with ownership increasing from month to month.
Key Takeaways
Lo Kheng Hong again bought 1.35 million shares of PT Intiland Development Tbk (DILD) on August 20, 2026, increasing his ownership to 7.48%.
The veteran investor, nicknamed the Indonesian Warren Buffett, accumulated property shares amidst the IDX's -24.81% year-to-date correction as of August 24, 2026.
In addition to DILD, Lo Kheng Hong's portfolio also includes blue chip stocks such as GJTL, SIMP, ABMM, and BMTR, with the total portfolio estimated at IDR 1.83 trillion.
Who is Lo Kheng Hong? A Legendary Investor in the Indonesian Capital Market
Lo Kheng Hong is a name that is familiar in the Indonesian capital market.
The man nicknamed "Indonesia's Warren Buffett" is known as an individual investor with a very large stock portfolio and a consistent long-term investment strategy.
Unlike traders who pursue short-term profits, Lo Kheng Hong adheres to the philosophyvalue investing, buying shares of companies with good fundamentals when their prices are depressed, then holding them for the long term.
This approach is what has enabled him to successfully accumulate wealth and become a role model for many retail investors in Indonesia.
Lo Kheng Hong's strategy is often counter-cyclical: when the market is sluggish and other investors are leaving, he steps in and buys up stocks he believes are undervalued.
Read Also:What are Haji Isam's Stocks? Here's the List and Their Risks
Lo Kheng Hong Buys New Shares: Buys DILD Amid Correction
Lo Kheng Hong purchased new shares in PT Intiland Development Tbk (DILD) in a fairly large volume.
Based on the latest transaction data up to August 20, 2026, Lo Kheng Hong was recorded as having purchased 1.35 million DILD shares on the regular market.
This purchase isn't Lo Kheng Hong's first foray into DILD. Throughout 2026, he consistently accumulated shares in the property company.
The following is a chronology of Lo Kheng Hong's ownership in DILD throughout 2026:
Early 2026: Ownership of approximately 695.06 million shares or approximately 6%
As of March 1, 2026: Increased to 707,053,000 shares
End of April 2026: 716,806,700 shares (6.92%)
May 2026: 733.68 million shares (7.08%) after purchasing 15.17 million shares
End of June 2026: 761.13 million shares (7.34%)
July 2026: 762.72 million shares (7.36%) after additional 500,000 shares
August 20, 2026: Added 1.35 million shares, ownership becomes 7.48%
Interestingly, Lo Kheng Hong made the purchase of DILD even though the property's share price continued to decline.
This fits with his investment philosophy: buy when prices are low and the market is fearful.
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Lo Kheng Hong's Other Stock Picks: A Complete 2026 Portfolio
Besides DILD, Lo Kheng Hong's other stock choices are also very diverse and spread across various sectors.
Based on the latest data, here are some property stocks and other issuers included in Lo Kheng Hong's portfolio:
Property and Infrastructure Sector
PT Intiland Development Tbk (DILD)– 7.48% (largest ownership)
PT Lippo Karawaci Tbk (LPKR)– included in the portfolio
Industrial and Manufacturing Sector
PT Gajah Tunggal Tbk (GJTL)– around 6.26-7.03% ownership
PT Polychem Indonesia Tbk (ADMG)– 50.3 million shares
Energy and Mining Sector
PT ABM Investama Tbk (ABMM)– 5.64% (155.3 million shares)
Banking Sector
PT Bank Danamon Indonesia Tbk (BDMN)– 29.78 million shares (0.29%)
PT Bank CIMB Niaga Tbk (BNGA)– 45.90 million shares (0.18%)
PT Bank BTPN Syariah Tbk (BTPS)– enter portfolio
Media Sector
PT Global Mediacom Tbk (BMTR)– 6.44% ownership
Plantation Sector
PT Salim Ivomas Pratama Tbk (SIMP)– purchased 19.90 million shares in May 2026
Financing Sector
PT Clipan Finance Indonesia Tbk (CFIN)– enter portfolio
The total market value of Lo Kheng Hong's portfolio is estimated to reach around IDR 1.83 trillion by April 2026.
Read Also: Buy US Stocks via Crypto, Get 7% Daily Rewards at Bittime
Lo Kheng Hong's Strategy Amidst the Sluggish IHSG
Amidst the IHSG still under pressure, Lo Kheng Hong actually called the current market conditions a "golden rain" on the Indonesia Stock Exchange.
For him, corrections are the best moment to accumulate quality stocks at discounted prices.
The strategy used by Lo Kheng Hong is very consistent:
Focus on company fundamentals, not short-term price fluctuations
Gradual accumulation (similar to dollar-cost averaging) as prices fall
Long-term oriented with a target holding period of several years
Diversification between sectors to reduce portfolio risk
Lo Kheng Hong is also known to actively buy shares that provide consistent dividends, such as GJTL which regularly distributes dividends to its shareholders.
Read Also: 7 Best Investments of 2026 Worth Considering Now
Conclusion: Following in Lo Kheng Hong's Footsteps?
Lo Kheng Hong's purchase of new shares in DILD and other issuers demonstrates his continued optimism about the long-term prospects of the Indonesian capital market.
Even though the IDX is still under pressure and market sentiment is negative, Lo Kheng Hong sees it as a golden opportunity to invest.
However, it is important to remember that Lo Kheng Hong is an investor with large capital, decades of experience, and strong fundamental analysis skills.
The strategy he employs may not be suitable for everyone, especially novice investors with limited capital.
What can be learned from Lo Kheng Hong is discipline, patience, and consistency in implementing investment strategies.
Don't be tempted to jump on the bandwagon just because a big investor is doing it, but understand the reasons behind each investment decision.
Read Also: IHSG Is: Definition and History
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FAQ
Who is Lo Kheng Hong?
Lo Kheng Hong is a veteran Indonesian investor nicknamed "Indonesia's Warren Buffett" for his long-term investment strategy and success in the capital markets. He is known as one of the largest individual investors on the Indonesia Stock Exchange.
What stocks did Lo Kheng Hong recently buy?
Lo Kheng Hong purchased 1.35 million new shares of PT Intiland Development Tbk (DILD) on August 20, 2026, increasing his ownership to 7.48%.
What are Lo Kheng Hong's stock picks?
Lo Kheng Hong's preferred stocks include DILD (property), GJTL (tires), ABMM (mining), SIMP (plantations), BMTR (media), BDMN and BNGA (banking), as well as ADMG and CFIN.
Why did Lo Kheng Hong buy property stocks amidst the correction?
Lo Kheng Hong adheres to the philosophyvalue investing, buying when prices are down and the market is fearful. He sees property stocks like DILD as undervalued assets with good long-term prospects.
How much is Lo Kheng Hong's stock portfolio worth?
Lo Kheng Hong's portfolio market value is estimated to reach around IDR 1.83 trillion as of April 2026, with holdings in more than 13 issuers.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
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