Reported on November 25th, according to the documents disclosed by the Hong Kong Stock Exchange on November 25th, JPMorgan Chase & Co. traded at an average on-exchange price of HK$25.7621 per share on November 19, and an average off-exchange price of HK$25.7292 per share for a total shareholding.$GANFENGLITHIUM (01772.HK)$1.9724 million H shares, valued at approximately HK$50.8124 million, were acquired by JPMorgan Chase. After the shareholding increase, JPMorgan Chase's latest shareholding amount is 36.7549 million shares, with the holding ratio increasing from 8.61% to 9.10%.
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.