On June 25th, according to the documents disclosed by the Hong Kong Stock Exchange, Creative Brocade International Limited increased its shareholding by buying 109,600 common stocks at an average price of HKD 10.2912 per share on June 24th, with a value of approximately HKD 1.1279 million. After the increase, the latest number of shares held by Creative Brocade International Limited is 162 million shares, and the warehouse ratio has increased from 36.44% to 36.46%.$YEAHKA (09923.HK)$This transaction involves other related parties: Brocade Creation Limited, Luo Haiying, Brocade Creation Investment Limited, Liu Yingqi, and Cantrust (Far East) Limited.
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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.