Reported on October 4th, according to the documents disclosed by the Hong Kong Stock Exchange on October 4th, JPMorgan Chase & Co. increased its shareholding on September 30th, with an average on-exchange price of 68.68 Hong Kong dollars per share and an average off-exchange price of 68.5911 Hong Kong dollars per share, totaling.$BOSS ZHIPIN-W (02076.HK)$2.0163 million shares of other shares, with a value of approximately 0.138 billion Hong Kong dollars. After the increase in shareholding, JPMorgan's latest number of shares held is 76.598 million shares, and the holding percentage has increased from 9.88% to 10.05%.
Supplementary information: As of the date of the relevant event, KANZHUN LTD issued 761,423,103 Class A shares of shares.Why did the shareholder increase their holdings, but the shareholding ratio decreased?
This may be because the listed company issued new shares and increased capital, resulting in the dilution of the shareholder's shareholding ratio.
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.