Reported on November 5th, according to the documents disclosed by the Hong Kong Stock Exchange on November 5th, JPMorgan Chase & Co. increased their shareholding by purchasing an average of 1.7477 Hong Kong dollars per share on the exchange and 1.738 Hong Kong dollars per share off the exchange on October 30th.$LINKLOGIS-W (09959.HK)$JPMorgan Chase & Co. increased their shareholding by acquiring 3.398 million shares of other stock, worth approximately 5.9387 million Hong Kong dollars. After the increase, JPMorgan Chase & Co. currently holds a total of 0.103 billion shares, and their portfolio ratio has increased from 4.93% to 5.10%.
Supplementary information: As of the date of the relevant event, LINKLOGIS INC issued 2017357159 class B shares.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.