On November 29, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on November 29, Glowing Lane Limited increased its shareholding at an average price of 2.033 HKD per share on November 26.$HENGTOU SEC (01476.HK)$4.418 million shares listed in hong kong were valued at approximately 8.9818 million HKD. After the increase, Glowing Lane Limited's latest shareholding number is 53.951 million shares, and the good stock ratio rose from 10.98% to 11.96%.
This trade involves other related parties: YUNG CHUN KUO.
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.
