Reported on November 28th, according to the documents disclosed by the Hong Kong Stock Exchange on November 28th, BlackRock, Inc. increased its shareholding by an average of HK$39.8463 per share on November 25.$CKH HOLDINGS (00001.HK)$1.6005 million shares of common stock, worth approximately HK$63.774 million. After the increase, BlackRock's latest number of shares held is 0.192 billion shares, and the warehouse ratio has increased from 4.96% to 5.01%.
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.