On December 13, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on December 13, China Orient Asset Management (International) Holding Limited increased its shareholding on December 12 at an average price of HKD 28.95 per share.$INT MEDICAL (01501.HK)$0.04 million shares Listed in Hong Kong were acquired, valued at approximately HKD 1.158 million. After the increase, the latest shareholding number of China Orient Asset Management (International) Holding Limited is 15.6494 million shares, and the stockholding ratio rose from 14.98% to 15.02%.
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.