On June 28, according to the documents disclosed by The Stock Exchange of Hong Kong on June 28, JPMorgan Chase & Co. (jpmorgan) increased its shareholding by a total of 4.6381 million shares (H shares), with a value of approximately HKD 166 million, at an average on-exchange price of HKD 35.8863 per share and an average off-exchange price of HKD 35.7666 per share on June 25.$CM BANK (03968.HK)$After the shareholding, JPMorgan's latest holding quantity is 277 million shares, and the percentage of good warehouse ratio has risen from 5.93% to 6.03%
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.