On July 10th, according to documents disclosed by the Hong Kong Stock Exchange, Zhang Zirui increased his shareholding in $10,049.HK$ to an average price of HKD 0.24 per share on July 9th.$CASH FIN SER GP (00510.HK)$2.004 million shares of common stock, worth about HKD 0.481 million. After the shareholding, ZHANG Zirui's latest holdings number of 2.004 million shares, and the warehouse ratio increased from 0.00% to 0.46%.
This trade involves other related parties: Guan Tingxuan.
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.
