According to the document disclosed by Hong Kong Stock Exchange on July 10, Liu Dong increased his shareholding on July 9 at an average price of HKD 1.65 per share. He bought 0.08 million ordinary shares, worth about HKD 0.132 million. After the purchase, Liu Dong's latest shareholding number is 1.148 million shares, and the good warehouse ratio has increased from 0.19% to 0.21%.$DONGWU CEMENT (00695.HK)$He bought 0.08 million ordinary shares worth about HKD 0.132 million and now holds a total of 1.148 million shares, representing 0.21% of the shares outstanding, up from 0.19% previously.
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.