According to documents disclosed by the Hong Kong Stock Exchange on June 6, Asian Equity Special Opportunities Portfolio Master Fund Limited increased its shareholding by 32.1 million H shares with an average price of HKD 2.6638 per share on June 3, worth approximately HKD 855,100. After the increase, the latest number of shares held by Asian Equity Special Opportunities Portfolio Master Fund Limited was 2.419 million shares, and the good warehouse ratio increased from 5.24% to 6.04%.$HOLLWIN URBAN (02529.HK)$Listed in Hong Kong, Asian Equity Special Opportunities Portfolio Master Fund Limited increased its shareholding at an average price of HKD 2.6638 per share on June 3, and bought 321,000 H shares with a total value of about HKD 855,100. After this increase, its latest shareholding increased to 2.419 million shares, and the good warehouse ratio increased from 5.24% to 6.04%.
Other related parties involved in this transaction include David Ching Chi RUAN and RAYS Capital Partners Limited.
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.