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徐爱华售出恒益控股(01894.HK)5,650万股普通股股份,价值约2,757.77万港元

Xu Aihua sold 56.5 million common shares of Hang Yick Holdings (01894.HK) worth approximately HK$27.577,700

Futu News ·  Dec 29, 2023 17:04

It was reported on December 29 that according to documents disclosed by the Hong Kong Stock Exchange on December 29, Xu Aihua sold at an average price of HK$0.4881 per share on December 21$HANG YICK HLDGS (01894.HK)$56.5 million common shares worth approximately HK$27.577,700. After the sale, Xu Aihua's latest shareholding was 210 million shares, and the good position ratio dropped from 34.65% to 27.30%.

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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 allows investors to identify (1) persons who control or are capable of controlling interest in shares of listed companies, and (2) persons who may benefit from transactions involving linked entities of listed companies.

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