On December 13, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on December 13, JPMorgan (JPMORGANCHASECO) increased its shareholding on December 9 at an average price of 33.525 Hong Kong dollars per share traded on the exchange and an average price of 33.4416 Hong Kong dollars per share traded off the exchange in total.$SF HOLDING (06936.HK)$It acquired 0.4371 million shares of Listed in Hong Kong stock, worth approximately 14.654 million Hong Kong dollars. After the increase, JPMorgan's latest shareholding number is 25.5183 million shares, and the good stock ratio rose from 14.75% to 15.01%.
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.