On November 15, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on November 15, jpmorgan increased its shareholding on November 11 at an average on-market price of 14.3995 HKD per share and an average off-market price of 14.3403 HKD per share.$MINTH GROUP (00425.HK)$They acquired 0.6 million shares of common stock, worth approximately 8.6397 million HKD. After the increase, jpmorgan's latest shareholding number is 69.4291 million shares, and the good warehouse ratio increased from 5.95% to 6.00%.
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.