Reported on November 14th, according to the documents disclosed by the Hong Kong Stock Exchange on November 14th, jpmorgan Chase & Co. increased its shareholding by purchasing at an average on-exchange price of HK$29.6494 per share and an average off-exchange price of HK$29.8498 per share on November 8th.$CHINA RES GAS (01193.HK)$They acquired a total of 0.9695 million ordinary shares, valued at approximately HK$28.7451 million. After the trade, jpmorgan Chase's latest number of shares held is 0.186 billion shares, and the ownership ratio increased from 7.99% to 8.04%.
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.