On June 26th, according to the documents disclosed by the Hong Kong Stock Exchange, Blackrock Inc. increased their shareholding on June 21st at an average price of HKD 69.4538 per share. They acquired 2.6056 million A-share shares worth about HKD 181 million. After the shareholding, Blackrock Inc.'s latest holding amount is 90,547,400 shares, and the warehouse-to-warehouse ratio has risen from 4.98% to 5.13%.$LI AUTO-W (02015.HK)$
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.