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徐爱华售出恒益控股(01894.HK)6,180万股普通股股份,价值约3,343.38万港元

Xu Aihua sold 61.8 million common shares of Hang Yick Holdings (01894.HK) worth approximately HK$33.438 million

Futu News ·  Dec 27, 2023 17:04

It was reported on December 27 that according to documents disclosed by the Hong Kong Stock Exchange on December 27, Xu Aihua sold at an average price of HK$0.541 per share on December 19$HANG YICK HLDGS (01894.HK)$61.8 million common shares worth approximately HK$33.4338 million. After the sale, Xu Aihua's latest shareholding was 266 million shares, and the good position ratio dropped from 42.70% to 34.65%.

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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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