On June 19th, according to the documents disclosed by HKEX on June 19th, Liu Jiren increased his shareholding on June 14th at an average price of HKD 0.997 per share for 130,000 ordinary shares, worth approximately HKD 129,600. After the increase in shareholding, Liu Jiren's latest shareholding number is 169 million shares, and his good warehouse ratio has increased from 20.00% to 20.02%.$NEUSOFT XIKANG (09686.HK)$His latest shareholding number is 169 million shares, and his good warehouse ratio has increased from 20.00% to 20.02% after the shareholding increase.
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.