为什么行动人增持股份，但持股比例却下降？On December 13, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on December 13, JPMorgan (JPMORGANCHASECO) increased its Shareholding on December 9 at an average on-market price of HK$122.5394 per share and an average off-market price of HK$122.5744 per share in total.$BEIGENE (06160.HK)$They acquired 12.9016 million ordinary shares, valued at approximately HK$1.581 billion. After the increase, JPMorgan's latest shareholding amounted to 0.139 billion shares, with the shareholding ratio rising from 9.92% to 10.94%.
Why did the shareholder increase their holdings, but the shareholding ratio decreased?
This may be because the listed company conducted a share placement and increase in share capital, resulting in the dilution of the active party's shareholding proportion.
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.
