Reported on October 28th, according to the documents disclosed by the Hong Kong Stock Exchange on October 28th, Luo Jiarui increased shareholding on October 23 at an average unit price of 1.8629 Hong Kong dollars.$CHAMPION REIT (02778.HK)$0.808 million fund units, valued at approximately 1.5052 million Hong Kong dollars. After the increase in shareholding, Luo Jiarui's latest holding position is 4.278 billion fund units, and the good position ratio has increased from 70.34% to 70.36%.
Supplementary information: Box 27 2501 Other - in the capacity of Settlor and a Member of the Advisory Committee and Management Committee of a Charitable Trust.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.