On December 5, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on December 5, China ocean sky intl Shipping Company Limited increased its shareholding on December 2 at an average price of 5.45 Hong Kong dollars per share.$QINGDAO PORT (06198.HK)$5.01 million listed in hong kong shares, valued at approximately 27.3045 million Hong Kong dollars. After the shareholding increase, China ocean sky intl Shipping Company Limited's latest holding is 0.178 billion shares, and the good stock ratio has risen from 15.76% to 16.22%.
This trade involves other related parties: China COSCO (Hong Kong) Limited, COSCO SHIPPING Holdings Co., Ltd. and COSCO SHIPPING Ports Limited.
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.
