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徐爱华售出恒益控股(01894.HK)1,493万股普通股股份,价值约807.41万港元

Xu Aihua sold 14.93 million common shares of Hengyi Holdings (01894.HK), worth approximately HK$8.074 million

Futu News ·  Dec 21, 2023 19:00

On December 21, according to documents disclosed by the Hong Kong Stock Exchange on December 21, Xu Aihua sold at an average price of HK$0.5408 per share on December 18$HANG YICK HLDGS (01894.HK)$14.93 million common shares, with a value of approximately HK$8.074 million. After the sale, Xu Aihua's latest number of shares held was 328 million shares, and the good position ratio fell from 44.64% to 42.70%.

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What is disclosure of interests?

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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