According to a report on November 25, based on documents disclosed by the Hong Kong Stock Exchange on November 25, Chen Xiang increased his shareholding on November 20 at an average price of 0.028 Hong Kong dollars per share.$WAN LEADER (08482.HK)$He acquired 0.103 billion shares of common stock, valued at approximately 2.8885 million Hong Kong dollars. After the increase, Chen Xiang's latest shareholding number is 0.103 billion shares, and the good warehouse ratio rose from 0.00% to 8.27%.
Supplementary information: revised number of shares of points 14, 16, 17, 20 and revised percentage figure of point 16.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.