On November 19, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on November 19, Luo Jiarui increased his shareholding on November 14 at an average price of 1.7199 Hong Kong dollars per unit.$CHAMPION REIT (02778.HK)$1 million fund units, worth approximately 1.7199 million Hong Kong dollars. After the shareholding increase, Luo Jiarui's latest hold positions number is 4.282 billion fund units, with the good position ratio rising from 70.40% to 70.42%.
Supplementary information: Box 27 2501 Other - in the capacity of Settlor and a Member of the Advisory Committee and Management Committee of a Charitable Trust.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.