On June 13th, according to the documents disclosed by the Hong Kong Stock Exchange, China Merchants Highway Network Technology Holdings Co., Ltd. increased its shareholding on June 12th at an average price of HKD 3.927 per share. $YUEXIUTRANSPORT (01052.HK)$The company purchased 4.41 million ordinary shares worth approximately HKD 17.31 million. After the share increase, the latest shareholding of China Merchants Highway Network Technology Holdings Co., Ltd. is 202 million shares, and the warehouse ratio increased from 11.81% to 12.07%.
Supplementary information: The date of the relevant event has been revised.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.