Reported on November 18th, according to the documents disclosed by the Hong Kong Stock Exchange on November 18th, the USA's Capital Research Global Investors increased their shareholding on November 14th with an average price of 31.6797 Hong Kong dollars per share.$POLY PPT SER (06049.HK)$They increased their holdings by 0.752 million H shares, valued at approximately 23.8231 million Hong Kong dollars. After the increase, the USA's Capital Research Global Investors' latest number of shares held is 8.3978 million shares, and the Good Depot ratio has increased from 4.99% to 5.48%.
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.