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夏锋售出宝业集团(02355.HK)70万股H股股份,价值约280.31万港元

Xia Feng sold 700,000 H-shares of Baoye Group (02355.HK), worth approximately HK$2,803,100

Futu News ·  Dec 5, 2023 17:04

On December 5, according to documents disclosed by the Hong Kong Stock Exchange on December 5, Xia Feng sold at an average price of HK$4.0044 per share on December 5$BAOYE GROUP (02355.HK)$700,000 H-shares with a value of approximately HK$2,803,300. After the sale, the latest number of shares held by Xia Feng was 1.77 million shares, and the good position ratio fell from 1.45% to 1.04%.

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As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of shares) are required to disclose their share interests in listed companies. The directors and chief executives of a listed company are required to disclose their interests in shares and debentures in the listed company and companies associated with the listed company.

Why is disclosure of interests important?

Disclosure of interests enables investors to identify (1) persons who control or have the ability to control the shares of a listed company, and (2) persons who may benefit from transactions involving associated entities of the listed company.

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