On December 30, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on December 30, JPMorgan (JPMORGANCHASECO) increased its Shareholding by a total of 1,344,400 Listed in Hong Kong shares at an average on-market price of HKD 34.8001 per share and an off-market price of HKD 34.826 per share on December 23.$SF HOLDING (06936.HK)$The increase is valued at approximately HKD 46.787 million. After the increase, JPMorgan's latest number of shares held is 31.0003 million, and the proportion of good shares rose from 17.44% to 18.23%.
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.