On June 13th, according to documents disclosed by the Hong Kong Stock Exchange, CITIC Securities Asset Management Co., Ltd. increased its shareholding by 1.07 billion H-shares with an average price of HKD 3.6902 per share, worth about HKD 396 million. After the increase, the latest shareholding of CITIC Securities Asset Management Co., Ltd. is 5.89 billion shares, and the good warehouse ratio has increased from 6.92% to 7.04%.$BANK OF CHINA (03988.HK)$Equity refers to the H-share equity of Bank of China Limited held by CITIC Securities Asset Management Co., Ltd. on behalf of all asset management plans under its management.
Supplemental information: 1. Equity refers to the H-share equity of Bank of China Limited held by CITIC Securities Asset Management Co., Ltd. on behalf of all asset management plans under its management.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.