On October 31, according to the documents disclosed by the Hong Kong Stock Exchange, JPMorgan Chase & Co. increased its shareholding on October 25 at an average on-exchange price of 3.4902 Hong Kong dollars per share, and an average off-exchange price of 3.4924 Hong Kong dollars per share, amounting to a total of.$ZHEJIANG SHIBAO (01057.HK)$2.114 million listed in Hong Kong shares, worth approximately 7.3783 million Hong Kong dollars. After the shareholding increase, JPMorgan Chase's latest number of shares held is 12.478 million shares, and the good warehouse proportion has increased from 4.78% to 5.75%.
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.