On December 8, according to documents disclosed by the Hong Kong Stock Exchange on December 8, Luo Xurui increased her holdings by an average price of HK$4.6301 per share on December 4$CENTURY C INT'L (00355.HK)$Cosmopolitan International Holdings Limited, an associated corporation, has 2,229,000 common shares, worth approximately HK$103.05 million. After increasing his holdings, Luo Xurui's latest shareholding in the associated corporation was 2,452 million shares, and the good position ratio rose from 273.89% to 274.14%.
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According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their shareholding interests in listed companies. The directors and top executives of a listed company are required to disclose their interests in the shares and debentures of the listed company and companies linked to the listed company.
Why is disclosure of interests important?
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