It was reported on September 23 that according to documents disclosed by the Hong Kong Stock Exchange on September 23, China Innovation Investment Limited increased its OTC holdings at an average price of HK$0.123 per share on September 15$ELIFE HLDGS (00223.HK)$0.226 billion common shares worth approximately HK$27.798 million. After the increase in holdings, China Innovation Investment Limited's latest shareholding was 0.226 billion shares, and the good position ratio increased from 0.00% to 20.00%.
Supplementary information: Mainly due to typographical errors and omission of materials. The table information has been added and perfectedWhat is disclosure of interests?
As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies. The directors and top executives of a listed company must disclose their interest in shares and debentures of the listed company and the company linked to the listed company.
Why is disclosure of interests important?
Disclosure of interests allows investors to identify (1) persons who control or are capable of controlling the stock interests of listed companies, and (2) persons who may benefit from transactions involving linked entities of listed companies.