On December 12, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on December 12, Hanyi International (Hong Kong) Limited increased its shareholding off-market at an average price of 1.0 HKD per share on December 10.$FOUNDER HOLD (00418.HK)$0.134 billion ordinary shares, valued at approximately 0.134 billion HKD. After the increase, Hanyi International (Hong Kong) Limited's latest holding is 0.134 billion shares, and the good warehouse ratio increased from 0.00% to 11.20%.
This trade involves other related parties: Peking Hanyi Innovation Technology Co., Ltd.
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.
