According to documents disclosed by the Hong Kong Stock Exchange on June 3, Liu Zhengyu increased his shareholding on May 29 at an average price of HKD 6.54 per share.$SHENZHEN INT'L (00152.HK)$Liu Zhengyu increased his ordinary shareholding by 33,000 shares, worth about HKD 215,800. After the increase, Liu Zhengyu's latest shareholding number is 2,478,000 shares, with a good depot ratio of 0.10%.
What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the company's shares) must disclose their shareholding in the listed company. Directors and senior executives of the listed company must disclose their shareholding and equity certificate rights in the listed company and any related companies.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) individuals who control or have the ability to control the shareholding of the listed company and (2) individuals who may benefit from transactions involving entities related to the listed company.