According to documents disclosed by the Hong Kong Stock Exchange on August 2, Zhou Lei increased his off-market holdings on July 29 at an average price of HK$0.27 per share.$CBK HOLDINGS (08428.HK)$He increased his shareholding by 4.1 million ordinary shares, worth approximately HK$1.107 million. After the shareholding increase, Zhou Lei's latest shareholding number is 9.53 million shares, and the warehouse ratio has increased from 4.85% to 8.51%.
This transaction involves other related parties: Zhou Lei.
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.