According to documents disclosed by the Hong Kong Stock Exchange on December 5, JPMorgan Chase & Co (JPMorgan Chase & Co.) On November 30th, the holdings were increased at an average price of HK $3.6601 per share on the floor and HK $3.6575 per share over the counter.$ZOOMLION (01157.HK)$12.0493 million H shares, worth about HK $44.1016 million. After the increase, JPMorgan Chase & Co's latest number of shares is 105 million shares, and the proportion of long positions has increased from 5.87% to 6.63%.
What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more shares) are required to disclose their interests in shares of listed companies. The directors and chief executives of a listed company shall disclose their interests in shares and debentures of the listed company and the company associated with the listed company.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) those who control or have the ability to control the shares of listed companies, and (2) those who may benefit from transactions involving associated entities of listed companies.