As reported on October 22nd, according to the documents disclosed by the Hong Kong Stock Exchange on October 22nd, jpmorgan increased its shareholding by acquiring shares at an average on-exchange price of 68.5834 Hong Kong dollars per share and an average off-exchange price of 67.3967 Hong Kong dollars per share on October 17th, totaling.$DPC DASH (01405.HK)$0.1882 million ordinary shares, worth approximately 12.9074 million Hong Kong dollars. After the increase, jpmorgan's latest shareholding is 7.8546 million shares, with the warehouse ratio increasing from 5.87% to 6.01%.
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.