Chow Tai Fook (01929.HK) received an additional 10,000 ordinary shares from Cheng Kar-shun, with a value of approximately HKD 88,800.

Futu News ·  Jun 20 17:04

On June 20th, according to the documents disclosed by the Hong Kong Stock Exchange, Zheng Jiachun increased its shareholding on June 19th at an average price of HKD 8.88 per share.$CHOW TAI FOOK (01929.HK)$Zheng Jiachun purchased 10,000 ordinary shares with a value of approximately HKD 88,000. After the purchase, Zheng Jiachun's latest shareholding is 3.0694 million shares, with a warehouse-to-warehouse ratio of 0.03%.


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.

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