On June 25th, according to documents disclosed by the Hong Kong Stock Exchange, JPMorgan Chase & Co. increased its shareholding by on-exchange and off-exchange prices of HKD 13.8965 and HKD 13.8834 per share, respectively, on June 19th, acquiring a total of 890,600 H shares valued at approximately HKD 12,376,700. After the increase, JPMorgan Chase & Co.'s latest shareholding quantity is 41,236,800 shares, and its net long position ratio has increased from 8.96% to 9.16%.$FLAT GLASS (06865.HK)$JPMorgan increased its shareholding by purchasing 890,600 H shares at on-exchange and off-exchange prices of HKD 13.8965 and HKD 13.8834 per share, respectively, on June 19th, with a total value of approximately HKD 12,376,700. After the increase, JPMorgan Chase & Co.'s latest shareholding quantity is 41,236,800 shares and its net long position ratio has increased from 8.96% to 9.16%.
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.