On June 28th, according to documents disclosed by the Hong Kong Stock Exchange on June 28th, China Great Wall Life Insurance Co., Ltd. increased its shareholding in H shares by 500,000 shares at an average price of HK$2.9794 on June 27th, with a value of approximately HK$1.4897 million. After the shareholding, China Great Wall Life Insurance Co., Ltd.'s latest shareholding was 56.777 million shares, and the better warehouse ratio increased from 13.92% to 14.04%.$DYNAGREEN ENV (01330.HK)$After increasing shareholding, China Great Wall Life Insurance Co., Ltd.'s latest shareholding of H shares is 56,777,000 shares, and the better warehouse ratio increased from 13.92% to 14.04%, with a total value of approximately HK$1.4897 million based on 500,000 shares at an average price of HK$2.9794 on June 27th.
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.