Reported on November 6th, according to the documents disclosed by the Hong Kong Stock Exchange on November 6th, JPMorgan Chase & Co. traded on November 1st with an average on-exchange price of 2.1817 Hong Kong dollars per share, and an average off-exchange price of 2.1818 Hong Kong dollars per share, totaling shareholding.$DZUG (01635.HK)$2.83 million H shares were traded, valued at approximately 6.1742 million Hong Kong dollars. After the shareholding, JPMorgan Chase's latest number of shares held is 32.297 million shares, and the percentage of the stake has increased from 5.52% to 6.05%.
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.