On December 16, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on December 16, CITIC Securities Company Limited increased its Shareholding on December 11 at an average price of HKD 21.2531 per share.$SINOPHARM (01099.HK)$2.8136 million shares of Listed in Hong Kong, worth approximately HKD 59.7977 million. After the increase, CITIC Securities Company Limited's latest number of shares Held is 0.109 billion shares, and the good warehouse ratio has risen from 7.95% to 8.16%.
Additional information: The equity is held by citic sec asset management company on behalf of all the asset management plans it manages, disclosing the shares of sinopharm holdings limited - H share equity.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.