什么是5%机制？On Aug 20, JP Morgan Asset Management and related parties submitted the Change Report to Ministry of Finance. The report shows that JP Morgan Asset Management and related parties increased their holdings in $Rakuten Bank (5838.JP)$, with their joint shareholding ratio up from 8.76% to 9.28%.
Source: Edinet Announcement
What is the 5% shareholding reporting system?
Shareholders with holding ratio exceeding 5% must submit a Large Shareholding Report within five business days from that day. If the holding ratio increases or decreases by 1% or more after submitting a Large Shareholding Report, the holder must submit a Change Report within five business days from that day.
