On June 27th, according to the documents disclosed by the Hong Kong Stock Exchange on June 27th, China Great Wall Asset Management Co., Ltd. increased its shareholding by 254.4 million H shares at an average price of HKD 1.8297 per share on June 26th, with a value of approximately HKD 4.6548 million. After the shareholding, the company's latest shareholding number is 67.456 million shares, and the favorable warehouse ratio has increased from 7.82% to 8.13%. $QHD PORT (03369.HK)$Listed in Hong Kong, China Great Wall Asset Management Co., Ltd. increased its shareholding by 2.544 million H-share shares on June 26 at an average price of HKD 1.8297 per share, with a value of approximately HKD 4.6548 million. After the increase, the company's latest shareholding is 67.456 million shares, and the favorable warehouse ratio has increased from 7.82% to 8.13%.
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.