According to the documents disclosed by the Hong Kong Stock Exchange on July 26th, JPMorgan Chase & Co. (jpmorgan) increased its shareholding on July 23rd at an average on-exchange price of HKD 53.1651 per share and an average off-exchange price of HKD 53.159 per share. The total shareholding increased by 0.1333 million H shares, with a value of approximately HKD 7.0884 million. After the increase, JPMorgan Chase & Co.'s latest shareholding increased from 8.90% to 9.01%.$CTG DUTY-FREE (01880.HK)$Listed in Hong Kong (H shares), JPMorgan Chase & Co. increased its shareholding by 0.1333 million shares at a value of around HKD 7.0884 million on July 23rd, according to documents revealed by the Hong Kong Stock Exchange on July 26th. After the increase, the total shareholding of JPMorgan Chase & Co. reached 10.4959 million shares, and the good warehouse ratio increased from 8.90% to 9.01%.
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.