Reported on November 26th, according to the documents disclosed by the Hong Kong Stock Exchange on November 26th, JPMorgan Chase & Co. traded on November 20th with an average on-exchange price of HK$31.3328 per share, an average off-exchange price of HK$30.9151 per share for a total shareholding.$AAC TECH (02018.HK)$1.867 million shares of common stock, valued at approximately HK$58.4993 million, were shareheld. After the shareholding, JPMorgan Chase's latest number of shares held is 84.0484 million shares, with the warehouse proportion increasing from 6.85% to 7.01%.
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.