Reported on November 28th, according to the documents disclosed by the Hong Kong Stock Exchange on November 28th, Zhou Lei increased the shareholding on July 29th at an average price of 0.27 Hong Kong dollars per share.$CBK HOLDINGS (08428.HK)$He purchased 4.1 million common shares, with a total value of approximately 1.107 million Hong Kong dollars. After the increase, Zhou Lei's latest number of shares held is 9.54 million shares, and the holding percentage has increased from 4.86% to 8.52%.
Additional information: Data entered incorrectlyWhat 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.