On December 12, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on December 12, Blackrock, Inc. increased its shareholding on December 9 at an average price of 34.3577 Hong Kong dollars per unit.$LINK REIT (00823.HK)$0.3816 million Fund units, valued at approximately 13.1109 million Hong Kong dollars. After the increase, Blackrock's latest hold positions number is 0.232 billion Fund units, and the good position ratio has risen from 8.99% to 9.01%.
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 shares) must disclose their shareholding interests in listed companies. The Directors and senior executives of listed companies must disclose their share and debenture interests in both the listed company and its affiliated 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.