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徐爱华售出恒益控股(01894.HK)4,353.5万股普通股股份,价值约2,250.76万港元

Xu Aihua sold 43.535 million common shares of Hengyi Holdings (01894.HK) with a value of approximately HK$22.5076 million

Futu News ·  Dec 20, 2023 17:04

On December 20, according to documents disclosed by the Hong Kong Stock Exchange on December 20, Xu Aihua sold at an average price of HK$0.517 per share on December 15$HANG YICK HLDGS (01894.HK)$43.535 million common shares, worth approximately HK$22.5076 million. After the sale, Xu Aihua's latest number of shares held was 343 million shares, and the good position ratio fell from 50.31% to 44.64%.

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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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